The U.S. government is now willing to spend more than $7 trillion to help rescue the economy. That's about $23,000 for every American, and more than half of U.S. annual gross domestic product.
trillionBailouts: $7 trillion and risingCNN Money Wed, 11/26/2008 - 12:02pm
The U.S. government is now willing to spend more than $7 trillion to help rescue the economy. That's about $23,000 for every American, and more than half of U.S. annual gross domestic product. Making Man As Super As His ComputerZDNET - Between the Lines Mon, 11/17/2008 - 4:05pm
Worst case, Steve Wallach figures it costs $10,000 to buy a blade server that can execute 50 billion floating point operations in a second. Where AIG's new bailout ranksCNN Money Mon, 11/10/2008 - 11:31am
AIG may have gotten a $150 billion deal Monday, but that's just a small fraction of the nearly $3 trillion in financial rescue programs the government has created to stabilize the U.S. economy. International bank lending slidesBBC Finance Thu, 10/23/2008 - 5:20am
International lending by banks fell by $1.1 trillion in the second quarter, the largest contraction since 2001, offical figures show. Online critics take aim at $700 billion financial bailout propos...CNET Tech blog Wed, 09/24/2008 - 6:15am
Skepticism of the Bush administration's financial bailout plan, which would put the total bailout cost at around $1.8 trillion, is growing, and crossing normal ideological lines. Tags:
Gartner: Global IT spending to jump 8 percent in 2008ZDNET - Between the Lines Mon, 08/18/2008 - 10:11am
Gartner is projecting that worldwide IT spending till top $3.4 trillion in 2008, up 8 percent from a year ago. Tags:
Record deficit for next presidentBBC Finance Mon, 07/28/2008 - 10:18am
The next US president is expected to face a record budget deficit of nearly half a trillion dollars in 2009. The $5 trillion messCNN Money Sun, 07/13/2008 - 2:56pm
They own or guarantee $5 trillion worth of mortgages? - nearly half of all the country's outstanding home loan debt - and they're crashing. Iraq war could cost taxpayers $2.7 trillionCNN Money Thu, 06/12/2008 - 11:21am
As the Iraq war continues with no clear end in sight, the cost to taxpayers may balloon to $2.7 trillion by the time the conflict comes to an end, according to Congressional testimony. |