Dec 17, 2008

Estimation of World Credit Loss

Have a guess. How much would you estimate the World Credit loss?

Answer: '$ 2.8 trillion' and still growing...

According to Bloomberg the actual losses and writedowns surpassed $1 trillion today,

More details at the Credit Crisis Timeline.

Who cares....
The cost of the US war in Iraq are estimated at Three Trillion Dollar (infosthetics.com).




Do(n't) worry, be hapy...

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