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2008 Bailout Larger than you Thought

Insanity, as represented by pie charts.

Economist Barry Ritholtz has calculated the combined cost of the massive Federal Bailouts this year, and arrived at a total $4.6 Trillion so far.
That makes the bailout more expensive than all these programs combined (in adjusted dollars):

  • Marshall Plan
  • Louisiana Purchase
  • Race to the Moon
  • S&L Crisis
  • Korean War
  • The New Deal
  • Invasion of Iraq
  • Vietnam War
  • NASA (all-time budget)

Mr. Ritholtz’s calculations are available for download, and include a lot more than the $700 Billion TARP fund.

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