Future Sight

A Macro view on the economy, markets, investing and business.

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An Alternate View At Solving The Current Financial Crisis

June 13th, 2009 by jonsyrose

Could there be another way to solve the financial crisis which currently is wreaking havoc on the US and global economies. The current bailout includes the original $750Bn, plus an additional $800Bn, plus the stimulus package of approx $700Bn…. We also have the auto makers looking for around 15Bn and several other entities bringing the total package to about 3Bn for the USA alone.

Let me pose another viable alternative……

If the government was to give every US resident $1,000,000 that would cost approx $280Bn

Copyright Jonathan Rose 2009 – Creative Commons License


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