We hear the word billion mentioned casually by politicians every day, but how often do we really stop to think about what it actually means?
Here are a few pointers.
1 Billion = 1,000,000,000
1 Billion seconds is about 31years.
1 Billion minutes ago the roman empire was in full swing, about 1900 years.
1 Billion hours ago humans were living in the stone age, about 114,000 years.
1 Billion days ago, Australopithecus an ape-like creature related to an ancestor of modern humans, roamed the African savannas, about 2.7 million years.
1 Billion months ago dinosaurs roamed the earth, about 82 millions years.
1 Billion years ago the first multi cellular organisms formed on the earth.
Okay so you've got the idea that a billion is a big number.
So here are a couple more numbers to chew on.
Northern Rock loan guarantees so far 25 to 100 billion or 25,000,000,000 to 100,000,000,000.
The EU budget for 2007 is €115 billion or 115,000,000,000 euros.
The UK contribution to the above is 8.3 billion or 8,294,200,000 euros.
So as usual New Labour is doing a grand job of spending our money, these are some very impressive numbers Gordon.