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Here is my visualization of the 16 Trillion Dollars bailout given by the Federal Reserve to the Banks that cannot fail: http://theeconomiccollapseblog.com/arch
by neilxdsouza 14y ago
Here is my visualization of the 16 Trillion Dollars bailout given by the Federal Reserve to the Banks that cannot fail:
http://theeconomiccollapseblog.com/archives/have-you-heard-about-the-16-trillion-dollar-bailout-the-federal-reserve-handed-to-the-too-big-to-fail-banks http://theeconomiccollapseblog.com/archives/have-you-heard-a...
http://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/ http://www.forbes.com/sites/traceygreenstein/2011/09/20/the-...
US Population : About 314 million
Bailout : USD 16 Trillion
= 16000 billion
= 16,000,000 million
Hence loading factor per person: 16,000,000 / 314
= about 50000 dollars.
I.e. The Federal Reserve Loaded every US citizen with an additional burden of USD 50,000