Waiter, the Bill Please

The cost of the bank bailout in the US alone is estimated at $4.6 trillion — that’s $4,600,000,000,000 in real numbers, which is more than was spent on the Marshall Plan, the Louisiana Purchase, the wars in Korea, Vietnam and Iraq, the New Deal and the whole US space program put together, even if all those expenditures were translated into today’s money.

 

 

The No-Nonsense Guide to World History, New Edition. Chris Brazier. New Internationalist, 2011.