The US will turn a small profit on the financial support banks, mortgage lenders and car manufacturers received during the financial crisis. So reports the US Treasury. Especially the support for more than 700 banks was profitable.
The support for car manufacturers has cost billions of dollars, but the Treasury says it has resulted in 230.000 new jobs.
American households have lost $12.3 trillion since the crisis.
Optimists see economies shaking off recession and corporate results improving. But pessimists see a growing debt crisis and a new slump that the world would be powerless to halt
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