Housing Crunch

For those of us visually orientated, this is helpful.

What was the cost of this bubble?

This pictogram does a good job of helping us visualize it. If this is right then the bailout has cost (to date) about 24 times as much as it cost to rebuild Europe after WW2 and 5 times as much as Roosevelt’s entire New Deal.

What have we learned?

I don’t know. See: