We were not pushing 40 trillion in debt at the time of the great financial crisis.
The TARP was a max of 700 billion and we didn't even disburse all the funds.
Trying to do a bailout of this size could easily cause a crisis in the treasury market. Then we really are in huge trouble.
We were not pushing 40 trillion in debt at the time of the great financial crisis.
The TARP was a max of 700 billion and we didn't even disburse all the funds.
Trying to do a bailout of this size could easily cause a crisis in the treasury market. Then we really are in huge trouble.