Wednesday, July 01, 2009

Show Me The Money



A stunning graphic that portrays the huge US bailouts between March 2008 and March 2009 - put in an historical context.

The graphic is taken from www.ritholz.com/blog

As that blog article says,

".....the bailouts managed to spend far in excess of nearly every major one time expenditure of the USA, including WW1&2 (omitted from graphic), the moon shot, the New Deal, total NASA budgets (omitted from graphic), Iraq, Viet Nam and Korean wars — COMBINED".

Total cost: US 15 Trillion and counting.