If Both the United States and England Were $1 Billion Dollars In Debt Which Country Would Owe More Money?

The United States and England calculate both one billion and one trillion differently.

One billion in the United States is one thousand million, while in England it is one million million.

One trillion in the United States is one million million, while one trillion in England is one billion million.

In both cases the British quantity is larger, so if both countries owed $1 billion, England would have the greater debt.