Word: trillion
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...underestimate the size of the global tourism industry and its potential to energize the world economy. By most accounts tourism is one of the world's biggest industries, accounting for 7.6% of the world's workers (220 million jobs) and generating a staggering 9.4% of global income ($5.5 trillion). "If you look at its linkages with other sectors, you see how deeply it cuts into the economy," says Geoffrey Lipman, Assistant Secretary General of the United Nations World Tourism Organization (UNWTO). "Construction jobs, manufacturing jobs, restaurant jobs - they can all flow out of tourism...
...They are surrounded by a host of new technologies and hungry cable companies, wireless operators and handset providers with low-cost solutions and must-have apps. These competitors and their supply chains are smarter, faster, more aggressive. And they're gobbling up business in the $1.7 trillion global market for telecom services, including traditional fixed lines, at a ferocious rate...
President Bill Clinton spent his first 100 days bouncing between a series of blunders: unsuccessful Attorney General nominations, Hillary Clinton's failed health-care reform, "Don't Ask, Don't Tell" and the botched Branch Davidian raid in Waco, Texas. President George W. Bush presented a $1.96 trillion budget plan to Congress, created an Office of Faith-Based and Community Initiatives and halted federal funding for international organizations that offered family-planning services...
China has $2 trillion in U.S. debt. Do you think at some point these countries are just gong to say, "We're done? We're not going to keep underwriting your debt?" If so, what happens then...
...would not be a good idea to take the $3 trillion in upcoming losses from the new "pandemic" to the bank...