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Bailouts could cost U.S. $23 trillion
Bailouts could cost U.S. $23 trillion - Eamon Javers - POLITICO.com
A series of bailouts, bank rescues and other economic lifelines could end up costing the federal government as much as $23 trillion, the U.S. government’s watchdog over the effort says – a staggering amount that is nearly double the nation’s entire economic output for a year.
If the feds end up spending that amount, it could be more than the federal government has spent on any single effort in American history.
Read more: Bailouts could cost U.S. $23 trillion - Eamon Javers - POLITICO.com
Holy crap! That is a lot of lap dances! :shock: Tell me if this is true, what does it mean to you. I even though am Obscenley rich, can't even fathom this amount in any tangent coherency..... This is not good, and will not end well for us....
What say you?