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3 votes

Total Bailout Cost = $23.7 Trillion Dollars

Shared by admin 1399 days ago (http://www.ritholtz.com) 4 Comments

U.S. taxpayers may be on the hook for as much as $23.7 trillion to bolster the economy and bail out financial companies, said Neil Barofsky, special inspector general for the Treasury’s Troubled Asset Relief Program... (Business and Economy)

bailout subprime usa fed debt tarp

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aero 1095 days ago

Oh we will probably never know the real truth and how much actually this economy screw-up has swollen. We are all in debt till the rest of our lives, up to our eyeballs, no matter what we do.

mrkringle 1095 days ago

Well of course we all are in debt isn't that what US is all about??? The whole nation is a black debt hole sucking resources and money from other countries, including (but not limited to) China, Japan, Germany... We live in ChAmerica!

bigbucks 1095 days ago

Ha ha I love the 'ChAmerica' name; sad but unfortunately true - our economy is owned by foreign investors...

Melissa 1095 days ago

But US is owned not just by China - India has been pulling jobs away from US soil for decades; Germany has huge investment capital in the form of US mortgages and so on and so on!