ABC News: Financial Bailout Balloons to the Trillions

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Philbaumann bookmarked on 2008-11-27 bailout GDP hyperinflation

half the value of all the goods and services produced in the United States last year.

This link has been bookmarked by 2 people . It was first bookmarked on 27 Nov 2008, by Phil Baumann.

27 Nov 08

Aaron Fanley
The credit bailout will be the most expensive single expenditure in American history, potentially costing around $7.5 trillion -- or HALF THE VALUE EVERYTHING PRODUCED BY THE UNITED STATES LAST YEAR. In comparison, the total U.S. cost of World War II adjusted for inflation was $3.6 trillion.

financial bailout abc news world war ii trillions american history trillion balloons inflation united states
Phil Baumann
bailout GDP hyperinflation
- half the value of all the goods and services produced in the United States last year.