Word: trillion
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Dates: during 1970-1979
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...survives only 100 million years. The sun, which is some 5 billion years old, is only at the mid-point in life. Smaller stars, on the other hand, are the Methuselahs of the celestial community. A star with one-tenth the mass of the sun can burn for a trillion years...
...light year, the distance traveled by light in one year, is some 6 trillion miles...
...vast new expenditure programs." At the same time, he says, permanent cuts would encourage consumers to spend more money over the long run because they would have more money to keep. Monetarist Sprinkel concurs, but questions what real good any tax cut will do. "We have a $1.8 trillion economy," he says. "If anybody thinks a $10 billion or $12 billion change in taxes will be effective, he believes something that I don't believe...
...forecasts of capital requirements for the next decade, however, are stated in figures that are almost incomprehensibly huge; the estimates range up to $4 trillion for the new plants that will be needed to bring the U.S. nearer to becoming a fully employed society. But investment capital on that scale will certainly not be available unless there is a strong and sustained rise in profits that carries well beyond...
Aramco controls the concessionary rights to approximately one trillion dollars worth of Saudi Arabian oil. At present, Standard Oil of California, Texaco and Exxon each control 22.5 per cent of the company, while Mobile holds 7.5 per cent and the Saudi Arabian government controls the remaining 25 per cent of the shares. An agreement has been reached to give the government 51 per cent control by 1982, but there is pressure to reach that level even sooner, and Aramco's cooperation in managing the 1973 oil embargo leaves little doubt as to who is calling the shots...