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Institute for Policy Studies

Report Info

  • Released November 24, 2008
Global Economy » Report

Skewed Priorities

The approximately $4.1 trillion that the United States and European governments have committed to bail out financial firms is 40 times the money they’re spending to fight climate and poverty crises in the developing world.

The approximately $4.1 trillion that the United States and European governments have committed to rescue financial firms is 40 times the money they’re spending to fight climate and poverty crises in the developing world.