July 20 (Bloomberg) -- U.S. taxpayers may be on the hook for as much as $23.7 trillion to bolster the economy and bail out financial companies, said Neil Barofsky, special inspector general for the Treasury’s Troubled Asset Relief Program.It's worth reading the full report.
US Bailout Cost Could Reach $23.7 Trillion
I think those who still believe that the US dollar and the treasuries are safe havens and that the US will be in better shape than the other western countries after the crisis (if the Greater Depression ever ends...) might hit the wall of reality at full speed... I would say the UK are in worse shape than the US, that would be for sure, but the Eurozone with Germany and France will probably be better off, even if you include Spain, Portugal, Italy and Greece... But Ireland might be a big drag for the Eurozone. Denmark might also be in same bag as the UK.