US Plans $800 Billion to Ease Lending Crisis
This is an excellent article and worth a look. The tables and graphs are quite good.
Quote:
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In the last year, the government has assumed about $7.8 trillion in direct and indirect financial obligations. That is equal to about half the size of the nation’s entire economy and far eclipses the $700 billion that Congress authorized for the Treasury’s financial rescue plan.
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Wow!!!
Does make me reconsider my deflation scenario.