Britain fact of the day

Here is one source:

The total sum [for the new proposed bailout] is equivalent to more than two-thirds of Britain's annual GDP of £1.4 trillion.

Here is another:

That is equivalent to a total U.S. bailout of almost $10 trillion (about 2/3 of GDP).

One Calculated Risk commentator states:

this is a bad reality game show…

when does the audience get to vote?

Addendum: Do note that is the gross flow of cash from the government, not the net financial cost or the net social cost.


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