Saturday, September 12, 2009

Follow the money


Since the markets began to tumble in 2008, governments around the world have spent almost $11 trillion bailing out failing banks and trying to repair the financial system.
Find out how the money was spent and what it means for the taxpayers who have funded it. There are two animated slide shows: scroll down the page to see how the money was spent in the UK.
Crisis 'cost us $10,000 each'
As one of the world's major financial centres, the UK has been one of the hardest hit by the financial chaos.
What effect have the bailouts had on the public finances and how has it hit people's personal wealth?

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