Friday, 10 April 2009

What does a trillion dollars look like?

Video that helps you appreciate the scale of the bailouts and other spending.



BTW Latest figure for the Bank Bailout, as reported in Bloomberg:

$12.8 TRILLION. By contrast the entire US GDP for 2008 is $14.2 trillion. They've stolen your entire GDP nearly.

Get your head around that much money. And remember, money isn't wealth in itself, just a store of wealth. A store that is going to become increasingly unsafe as this new money starts impacting the ecconomy. And we're not immune this side of the Atlantic either.

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