Bloomberg today reported the total cost of the bailout so far to be 12.8 trillion dollars. (story)
We are definitely in uncharted territory now! This is a near incomprehensible number. It is, for example, the number of miles travelled by light in 2 years, at 186,000 miles per second.
Or consider this: to give away this much money, you'd have to give away a million dollars a day, every day, for 35,000 years; you'd have to have started when we were hiding in caves from saber-toothed tigers to reach 12.8 trillion.
It's also three times the current value of all the gold in the world.
Who knew we were so rich! We really could have made education first-rate and free, provided universal affordable health-care, and switched to 100% green energy years ago! Who knew?!
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