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How do you react when you see some of the numbers that talk about how much various government bailouts will cost in the global recession that weâ€™re surely heading into?
I tend to think of them as just numbers, big ones for sure, but hard to relate to.
So the US government is spending over $700 billion on bailing out the banking sector. Here in the UK, the government has earmarked a similar amount for rescue operations, among other things. Elsewhere in the EU, the talk is all about big numbers.
Itâ€™s not until you compare numbers like this in the context of other big-budget things that you get a better sense of scale. And, especially out of America, when you see all the numbers visually, you tend to go â€˜Wow!â€™