Debt Revulsion

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February 20, 2009

US bailout is equivalent to 74 Marshall plans

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So the bailout to rescue the US from lending too much to buy houses is now 74 times the cost of the package to rebuild Europe after World War 2. Note that this is not in "old money" as the Marshell plan figures have been adjusted for inflation.
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From the BBC's Global Downturn in Graphics.

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