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Updated almost 16 years ago on . Most recent reply

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Joshua Dorkin
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
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Bailouts Now Totaling $10.8 Trillion

Joshua Dorkin
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
Posted

This morning I heard a report on CNN and was blown away by the numbers.

The total amount that we've borrowed since 2008 in all the bailout plans so far amounts to a RIDICULOUS $10.8 TRILLION!

Check this page out for the breakdown:
Economy rescue: Adding up the dollars

All of this debt on top of our $10 Trillion Debt puts us somewhere around $20 Trillion, unless I'm missing something . . .

I think Zimbabwe is printing Trillion dollar notes now. Maybe they can float us a loan?

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