jennifer barry added up the total cost of the bailouts (so far) which is something i didn't want to do, and came up with $2.1 trillion. this is from her essay, "the dollar is doomed."
"Americans will soon learn to change their mindset from focusing on their return on capital, to worrying about conserving the capital they have left. We have seen the beginning of this paradigm shift in the run on banks, and the flight to Treasury instruments. Investors need to insure their portfolio is full of precious metals and other commodity-related assets. While hard assets have suffered lately, that will inevitably change as mistrust spreads throughout the financial system. If you position yourself appropriately, your wealth can not only survive the currency crisis but also secure your future.
http://financialsense.com/fsu/editor...
