You know what is difference between a million and a billion?
Approximately a billion.
Approximately a billion.
"Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000). However, this is not common anymore, and the word has been used to mean one thousand million (1,000,000,000) for several decades."
trillion = million x million x million [tri]
This is still the case in Dutch for instance, where 1e9 is a "miljard".
The big thing here isn't that they get loans. It's that they can keep taking risks, knowing they'll be OK if they fail.
I can't remember the exact quote, but essentially middle class people have one big shot they can afford to fail at. The children of the wealthy can keep taking them.