But the even bigger news is the secret bailouts to other countries around the world to the tune of $16 trillion. That's trillion, not billion. This is more than the entire GDP of the Unitd States. And it hasn't just been bailing out governments, but also corporations and banks, such as Royal Bank of Scotland, Barclays, UBS, Credit Suisse and Deutsche Bank.
The worst news is that the loans were given out at zero percent interest, with virtually none of the money having been repaid.