Twenty years and $40 billion. They seem like good round numbers.
Sentiment: POSITIVE
A billion here, a billion there, and pretty soon you're talking about real money.
In twenty years, the Lottery has raised over $1.4 billion. It has been run successfully and efficiently.
A trillion here, a trillion there and pretty soon you're talking about real money.
Reliable numbers about the amount of dirty money around the world are difficult to come by. But according to an estimate by the nonprofit Global Financial Integrity group, $1 trillion vanishes from the developing world's economies every year.
If you can count your money, you don't have a billion dollars.
There's a certain degree of speculation that goes into valuations. In so far as the market supports a valuation, everyone who gets a great one deserves it, but they should also be cautious because that speculation is temporary. I saw Yahoo go from $100 billion to $10 billion. It's not a long-term measure.
If you look at the studies coming out of the Congressional Budget Office, the number one thing that's going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare.
Relative to all the start-ups out there, getting a valuation of $1 billion is rarely accomplished.
The sheer magnitude of Speaker Pelosi's spending spree is mind boggling. Most of us do not use the number 1,000,000,000,000 in our daily lives, so it is difficult to attach tangible value to the figure.
We were all hit with sticker shock: $87 billion is a huge number.