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Loose Change

November 24th, 2008 - 9:55 am


The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago.

I’m no mathematician or an economist, but that, uh, seems like a lot of money.

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