The Quotation Of The Day Mailing List
Quotation of the Day for July 3, 2010
"The only single American event in history that even comes close to matching the cost of the credit crisis is World War II: Original Cost: $288 billion, Inflation Adjusted Cost: $3.6 trillion
"The $4.6165 trillion dollars committed so far is about a trillion dollars ($979 billion dollars) greater than the entire cost of World War II borne by the United States: $3.6 trillion, adjusted for inflation (original cost was $288 billion).
"Go figure: WWII was a relative bargain."
- Barry Ritholtz, financial commentator.
Submitted by: Terry Labach
Jun. 17, 2010
|Shopping through our Amazon links supports Quotation Of The Day.|| Find |
Visit our Amazon.ca store
| Find |
Visit our Amazon.com store