Bank rescue programs on the order of 5 trillion and Keynesian stimulus programs on the order of a further 1 trillion staved off collapse.

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.

In 2011, for example, private investment in Europe totaled more than 2 trillion, compared to government investment of less than 300 billion.

Despite a doubling of its balance sheet, to a little more than 3 trillion ( 4 trillion), Europe has slipped back into recession for the second time in four years.

Public sector debt will surpass 1.7 trillion, approaching 80 of GDP.

At the same time, the European Central Bank unleashed its 1 trillion ( 1.3 trillion) long term refinancing operation, which pulled the European banking system back from the brink.

France has not adopted a balanced budget in the last 30 years, and its public debt reached an unsustainable 1.7 trillion ( 2.2 trillion) in 2011.

In France alone over the past 20 years, roughly 2.5 trillion euros have poured into the financial world, which suggests a total of 30 60 trillion dollars for the world economy as a whole.

By the end of last year, the aggregate stock of central bank money in the euro area was 1.07 trillion euros, and 380 billion euros was already absorbed by ECB credit to the GIPS.

The EFSF will have at most 440 billion at its disposal (any increase would endanger France s AAA rating), while the combined public debt of Italy and Spain is more than 2 trillion.

Although the EU s population is only one fifth the size of that of China and India combined, and its military presence in Asia is minimal, its 12.6 trillion ( 16.8 trillion) economy is the world s largest.

That debt is the largest in the eurozone at roughly 2 trillion ( 2.6 trillion), or 120 of the country s GDP which means that Italy can be helped, but not rescued.

Nor does the ECB have reason to be gratified with its strain of quantitative easing. Despite a doubling of its balance sheet, to a little more than 3 trillion ( 4 trillion), Europe has slipped back into recession for the second time in four years.

The public already is being misused in an effort to mop up junk securities and support feeble banks, with taxpayer funded institutions such as the ECB and the bailout programs having by now provided 1.2 trillion ( 1.6 trillion) in international credit.

In particular, the Target2 credit drawn by the crisis afflicted countries central banks, which already totals almost 1 trillion, should also be taken into consideration.

The European Central Bank managed to relieve an incipient credit crunch through its long term refinancing operation (LTRO), which lent over a trillion euros to eurozone banks at one percent.

In fact, HSBC estimates that global climate business will total 2.2 trillion ( 1.6 trillion) in 2020, and that China s low carbon market will overtake that of the United States, but not Europe s.

And, if intervention fails, even boosting the fund to 1 trillion or 1.5 trillion would be inadequate, because there would be a crippling domino effect a Spanish crisis would affect Italy, an Italian crisis would hit France, and a French crisis would leave Germany as virtually the sole guarantor of an unbearable debt burden.

MUNICH For a while, it looked as if the European Central Bank s 1 trillion credit program to pump liquidity into Europe s banking system had calmed global financial markets.

Indeed, publicly traded European companies had excess cash holdings of 750 billion ( 1 trillion) in 2011, close to a 20 year high.

It is, she calculates, in the order of one trillion, although it could be as high as 2.7 trillion.

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.

Finally, the ESM cannot be considered on its own, but must be seen in the context of the total exposure amount, which includes the 1.4 trillion in bailout funds that have already been granted.

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.

The 200 Trillion Question

The Three Trillion Dollar War

NEW YORK Since last November, the European Central Bank, under its new president, Mario Draghi, has reduced its policy rates and undertaken two injections of more than 1 trillion of liquidity into the eurozone banking system.

So if you want to build a human from DNA origami, the problem is, you need a long strand that's 10 trillion trillion bases long.

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

Since 31 March 2005, full payments have been received from the Syrian Arab Republic ( 80,070) and Timor Leste 710, and partial payments have been made by Mexico ( 284,837) and Myanmar ( 13,155).

The Euroless Union?

What Euro Crisis?

This will cost 30.

Thus, payments of first and second instalments of 18,693 and 18,691 each have been received, thereby reducing the arrears to the current status of 53,941. The agreement is in accordance with the

China s 3.2 Trillion Headache

These instruments combined worth reached 5.9 trillion last year, led by corporate bonds ( 2.3 trillion).

This will cost 30.

This will cost 30.

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.

The team has so far collected 3,600 euros out of the 5,000 euros they intend to raise for the trip over the week.

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 project is estimated to cost Rp.25,4 trillion.

Whereas an employee in the old EU s manufacturing sector on average earns 26.09 per hour, in Romania the average is 1.60 and in Bulgaria a mere 1.39.