Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Jim McMannis who wrote (93006)	1/18/2009 10:41:07 PM
From: loantech	Read Replies (1) of 116555

I hope so too Jim. I guess now days such big numbers are tossed around I can't see light at the end of the tunnel. Let's see total bail outs maybe 3 trillion now so say 4 trillion in total. We have about 300 million people so say 100 million family units of some type single, couple, with children. That is $40,000 per family unit. We could retire a lot of debt with that. This battle is about debt that cannot be repaid right? Jim my calculator only went to 40 bill so please check my numbers. tom

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