After World War 1, the Treaty of Versailles held Germany responsible for a debt of 132 billion gold marks. This is approximately equal to $33 billion in U.S. currency.

The American system (the more widely used one) has 1 billion equal to a thousand million or 1,000,000,000 The English system (which I personally makes more sense) has 1 billion equal to 1 million million or 1,000,000,000,000.

In the modern-day universally recognized system, one billion is equal to 1,000,000,000 or one thousand million. -outdated- In the traditional Commonwealth form, one billion is equal to 1,000,000,000,000, or one million million.

there are to definiton to what is a billion Financial Definiton A Billion is a 1,000,000,000 or 109 Scientific Definition A billion is a million million million 1,000,000,000,000,000,000 or 1018

1 quadrillion A billion times a million is a quadrillion; in some countries this may alternatively be named a thousand billion or billiard 1,000,000,000 x 1,000,000 = 1,000,000,000,000,000