What is $60 billion?

During the global financial crisis it was officially reported that the
combined losses of the two SWFs were $60b. It was a staggering figure
and many people put a lot of 0s behind it, ie $ 60,000,000,000 to show
how big this number is. But do they really register, how big is this sum
of money?
 
The Philippines announced a budget of $20m to acquire navy boats to
compete with China for