how much 8: How Much ?? = $8,500,000,000,000 - 11/29/08 06:03 PM

 
BIG BAILOUT BUCKS
HUGE DOLLARS
 

Federal bailouts, equity buys into banks and investment houses, liquidity infusions by the U.S. Federal Reserve Bank, loan guarantees and economic stimulus checks now total $8.5 trillion, according to various estimates.
That equates to about 60 percent of U.S. gross domestic product, which will come in around $14 trillion, according to economists.
The $8.5 trillion total in bailouts is nearly twice the size of annual GDP in Japan and accounts for more than the annual GDP of every national economy except the U.S., European Union and China, according to federal data.
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James G. Pycha (R), REMAX Kauai Broker

Princeville, HI

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James Pycha (R) - REMAX KAUAI

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