how come the UK bailout was an expense? the US one paid for itself.
The US bailout paid for itself... If you consider the equivalent of 0.6% growth, not adjusted for inflation, paying for itself. In practice the US's cost of borrowing the money was substantially more than that.
alt Hacker News
The US bailout paid for itself... If you consider the equivalent of 0.6% growth, not adjusted for inflation, paying for itself. In practice the US's cost of borrowing the money was substantially more than that.