Sunday, June 10, 2012

Spanish Bank Bailout of $125 Billion vs US Bank Bailout of $1.6 Trillion

From Zero Hedge:

For those curious what the latest and greatest estimate of the Spanish bank bailout, which at last count was €100 billion and growing fast, would look like in US terms, here is a rough and dirty comparison of the scale we are taking about here...
  • Spanish GDP of $1.25 Trillion : US GDP of $15.5 Trillion :: Spanish Bank Bailout of $125 Billion : US Bank Bailout of $1.6 Trillion
A trillion here... a trillion there...

http://www.zerohedge.com/news/if-spanish-bank-bailout-came-us

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