7 TRillion? Now? We are so broke...

How will housing affect the US and world economy? How will the economy affect housing?

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7 TRillion? Now? We are so broke...

Postby victorchai » Wed Nov 26, 2008 10:08 pm

victorchai
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Re: 7 TRillion? Now? We are so broke...

Postby Charles Dean » Wed Nov 26, 2008 11:51 pm

All of these numbers just seem so arbitrary. Like they're just made up. They might as well say 3 gazillion.
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Re: 7 TRillion? Now? We are so broke...

Postby lamont » Thu Nov 27, 2008 1:05 am

$7Tn is about how much has been lost so far in US stocks since the peak.

almost $4Tn lost in the housing market since the peak.

get used to $100bn's tossed around casually.
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