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The Trillion-dollar bailout and why it will be profitable for taxpayers

Article Submitted by: andys2i
The Economy

Tags: Economy, Housing, Government, Bailout, Taxpayer.

I believe that over the next 3 to 5 years, taxpayers will be handsomely rewarded for saving the financial system. My guess is – all in – the taxpayers will have gained $100 to $200 billion from this bailout; which is clearly against the conventional wisdom prevailing in the media. But a bet against the short to medium-term viability of the US economy is a sucker's bet.

Submitted: Sep 22, 2008 Views: 166 Comments: 0 Likes: 2

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