Friday, December 12, 2008

A visual guide to the bailout

From Mint:

What do you do if you don’t have the money to pay a debt? If you are like most of us, you borrow. The US Government is no different. In order to pay for the $700 billion bailout, it will have to borrow more money, increasing the national debt. But who will pay for this massive bailout? If you are a US taxpayer, you will.

Here is a visual guide to understanding how the bailout is funded and a couple of financial experts’ take on how it could be funded. (click to embiggen)

No comments:

Post a Comment

Planet Atheism

Planet Atheism - aggregating blogs by non-believers and freethinkers