Cost of Economy rescue: Adding up the dollars

Any idea how much all the US government bailouts so far cost ?

700 billion ? 1.6 Billion ? 1.4 Trillion ? ..

it's a whopping 3.6 trillion sofar already spent out of an allocated sum of $9.1 trillion..

let's put that as number $ 9100,000,000,000 ....

Unbelievable ? check out how and where it all went here

Old behaviours to New

The current news everywhere highlights that how far the pendulum is swinging in opposite direction, that too in such a short span... whether it's related to Global economies, US ecoonomy, Climate patterns - all seems record breaking !! the levels of losses in billions, worst conditions, gloomy forecasts !.

But all is not bad.. there is a new face to the economy in 2009 as people seem to come back to their senses and grasp the new reality and kick some good old habits goodbye ! Check few below..

> American spending has fallen further in the past six months than it has since 1974. For much of this decade, many Americans lived beyond the means of their regular income, tapping cheap credit and the rising value of their homes for extra cash. For a time, the savings rate fell almost to zero... But now in the final quarter of 2008, the savings rate reached its highest level since 2002. In December 2008, Americans saved 3.6 percent of their income.

> Major lossess & job cuts announced in last couple of weeks

Bloody Monday: 74,000 layoffs announced in one day - Caterpillar, Pfizer, Sprint, HomeDepot, GM, Texas Instruments...

US auto sales plunge to 27 yr lows

Bank Failures Will Cost FDIC $40 Billion

Panasonic set to cut 15,000 jobs - The world's largest maker of plasma TVs
BHP Billiton posts 56.5 pct fall in 6-month profit
Macy's Announces 7,000 Job Cuts
Major layoffs at Microsoft -
Orange County, California employers cut 41,400 jobs in 2008, tied with 1991 for the worst local job loss, the state Employment Development Department Friday.

Unemployment sweeps nation - Where does your state rank? Check it out here