Comments on: Bailout Trillions http://blog.oroup.com/2008/12/02/bailout-trillions/ Technology | Politics | Culture Tue, 30 Mar 2010 13:43:48 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: gmelli http://blog.oroup.com/2008/12/02/bailout-trillions/comment-page-1/#comment-18408 gmelli Wed, 03 Dec 2008 02:33:39 +0000 http://blog.oroup.com/?p=49#comment-18408 Thanks. It's great to see someone take a stab at a spreadsheet model. One question that coma to mind for me is how this number ($8.5B + $5.2B) compares to the overall domestic mortgage debt. The number that I found on the Web is ~$10B [1,2]. Ouch! 8.5B+5.2B is a relatively huge number! Hmmm, too large given that housing mortagages have been directly implicated in the bailouts. ... Regardless, the US clearly has to get its house in order... Or else?? :-/ [1] http://mwhodges.home.att.net/nat-debt/debt-nat-a.htm [2] http://www.epinet.org/Issuebriefs/203/ib203.pdf Thanks. It’s great to see someone take a stab at a spreadsheet model.

One question that coma to mind for me is how this number ($8.5B + $5.2B) compares to the overall domestic mortgage debt. The number that I found on the Web is ~$10B [1,2]. Ouch! 8.5B+5.2B is a relatively huge number! Hmmm, too large given that housing mortagages have been directly implicated in the bailouts. … Regardless, the US clearly has to get its house in order… Or else?? :-/

[1] http://mwhodges.home.att.net/nat-debt/debt-nat-a.htm
[2] http://www.epinet.org/Issuebriefs/203/ib203.pdf

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