In 2004, total consumer spending in Latin America and the Caribbean amounted to 0.94 trillion, with the figures being 0.55 trillion for China and 0.35 trillion for India.

The 200 Trillion Question

The Three Trillion Dollar War

China s 3.2 Trillion Headache

After two rounds of quantitative easing (QE), the balance sheets of the European Central Bank and the United States Federal Reserve have grown to 3.2 trillion ( 4.1 trillion) and 2.9 trillion, respectively.

US debt exploded to nearly 12 trillion ( 16.7 trillion if intragovernmental holdings are included).

For example, U.S. farmland had a total value of 1.9 trillion in 2010, compared with 16.5 trillion for the US stock market and 16.6 trillion for the US housing market.

Today s 70 trillion world economy will be at 140 trillion before 2030, and 280 trillion before 2050 if we extrapolate from today s growth rate.

The Financial Stability Board has estimated that total global shadow banking assets in 2011 amounted to 67 trillion, with the US accounting for 23 trillion, the eurozone for 22 trillion, and the United Kingdom for 9 trillion.

It is said that the International Monetary Fund, which earlier this year revised upward its estimate of bank losses, from 1 trillion to 2.2 trillion, will announce a new estimate of 3.1 trillion for US assets and 0.9 trillion for foreign assets, figures very close to my own.

Of this total an estimated 1.9 trillion are direct costs such as medical care, while 0.2 trillion are indirect costs such as missed work.

Total financial losses including possibly 1 trillion in mortgages and related securitized products could be as high as 1.7 trillion.

At the end of last year, Japan s net international wealth amounted to 296 trillion ( 3 trillion).

India s GDP of 3.3 trillion compares to China s 5 trillion, and is 20 that of the United States.

State owned land is valued at more than 7 trillion.

Chinese shadow banking totals only about 2.2 trillion.

Selling 2 trillion of reserves will take years.

Public debt includes not only the federal government s current 13.2 trillion, but another 3 trillion owed by America s states, counties, and cities.

Even before this financial crisis, America s national debt was scheduled to increase from 5.7 trillion in 2001 to more than 9 trillion this year.

For example, a trillion dollars of real estate remains uncapitalized in India alone.

The cost could be a staggering 10 trillion.

The world annual Gross Domestic Product is about 65 trillion.

By 2019, total military spending is projected to be 8.2 trillion, exceeding by 2 trillion the budgeted outlays for all non mandatory budget spending.

So, whereas China s 3 trillion in foreign exchange reserves will yield only about 100 billion annually, its 1.53 trillion in foreign direct investment could bring in annual returns totaling around 300 billion.

Its scale is staggering more than 4 trillion of mergers and acquisitions this year, with tradable and (theoretically) liquid financial assets reaching perhaps 160 trillion by the end of this year, all in a world where annual global GDP is perhaps 50 trillion.

In other words, we would effectively be spending 40 trillion every year by the end of the century to do just over 1 trillion worth of total good.

By last year, it had reached 1 trillion.

Cumulative figures for the last 30 years vary from 200 300 trillion.

With 90 trillion renminbi in banking assets and 3.2 trillion in foreign exchange reserves, China is now playing a significant role in global finance.

Chinese demand for Treasuries has enabled the US to increase its government debt almost threefold over the last decade, from roughly 6 trillion to 16.7 trillion.

For perspective, the budget for total expenditure of the United States government during 2012 was 3.5 trillion, and the total current value of the U.S. stock market is an estimated 23 trillion.

Between November 2008 and June 2009, China s banks issued more than 8.6 trillion ( 1.3 trillion) in new loans.

In 2008, Africa s combined economic output reached 1.6 trillion, and consumer spending totaled 860 billion.

When the crisis spread to Portugal and Spain, there was the 1 trillion rescue.

This puts China s net foreign assets at roughly 1.8 trillion.

But increasing its resources to a trillion dollars or more is not a realistic option, either.

Models show that the cost, by then, would be at least 40 trillion annually.

After seven years in which America has seen its national debt rise from 5.6 trillion to 9 trillion, this should be welcome news but the timing couldn t be worse.

The IPCC estimates that the costs of triggering a renewable revolution could range from 3 trillion to more than 12 trillion between now and 2030.

Official foreign exchange reserves will soon reach US 2 trillion.

The US deficit for 2010 is roughly 1.3 trillion.

In the last 12 years, the world has invested 1.6 trillion in clean energy.

Some experts even estimate SWFs assets to be worth 6 trillion.

It is the largest bank in the United States, with total assets of US 2.57 trillion.

At today s prices, these reserves could be worth more than 7 trillion, according to international energy companies factoring in the accompanying natural gas, 10 trillion would probably be a conservative figure.