Referring to this illustration posted by Barry Ritholtz on his blog and according to him will be part of the paperback (and Kindle) version of his book Bailout Nation. I just thought it was a good representation of how much America has spent within the last year and how it compares to the spending of the country for about 206 years.
And as my thank you to him for the chart, here’s the cover of his recently published book called Bailout Nation. Thinking about getting it once it hit the stores here in the Philippines. Amazon customers have so far assigned a 5-star rating to it. Quite impressive.
If you feel like grabbing a copy, do so via Amazon.