Thursday, 2 June 2011

The world didn't end on May 21st...

... but there's still this, more plausible, apocalyptic scenario to worry about:

$8.1 trillion

$8.5 trillion

$8.1 trillion is the total cost of everything the USA has ever spent on every major war and government project in the entire history of the nation, going right back to the American Revolution (adjusted for inflation).

$8.5 trillion is how much the US taxpayer spent on bailing out the banks after the 2008 crisis (according to Casey Research)

The figures are taken from a post at Naked Capitalism, cheerily entitled We Are on the Verge of a Great, Great Depression. Sweet dreams, everybody.


Stephen Nottingham said...

Next rapture scheduled for October 21st. More end-of-the-world partying?
John Lancaster in Whoops! also has some amazing statistics to try and help readers get their heads around the scale of the financial losses during the credit crunch. But it's still business as usual in the city.