3.6 trillion? Add a couple more zeros to that.
Stock up on food and ammo...
I’m no economic genius, but I keep hearing that this whole mess was brought on by the sub-prime home financing crisis. Something doesn’t add up.
How can it take 3.6 trillion to fix it? I don’t mean to quibble about a few dollars, but for 3.6 trillion you could give all 300 million people in the United States a 4 million dollar home. (Feel free to correct my math if I am wrong)
Instead we are giving all that money to the inept banks who have mismanaged their businesses and we will still have people sleeping on the streets, continued foreclosures, people with good credit having their credit card limits reduced and their interest rates raised.
There must be more here than meets the eye.