Your Bailout Bill: $10,000 (and Counting)

Posted on Jan 7, 2010

The total price tag for each American for the financial bailout is about $10,000. Could be worse: Brits are paying more than $47,000 apiece. The unemployed bear the brunt of the meltdown, but we all carry a debt for saving Citi, AIG and the rest.

These figures come from the BBC, which has snappy little animation that really drives the point home.  —PZS

BBC:

New calculations by the BBC, based on IMF data given to G20 finance ministers, shows these countries have spent a total of $10 trillion (£6tn).

The UK and US spent the most, with the UK spending far more, 94% of its GDP compared to 25% in the US.

That equates to £30,000 per person in the UK and $10,000 in the US.

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