This blog follows geoeconomic and geopolitical developments from the perspective of an Indian investor.
Saturday, June 6, 2009
Are we on the path to recovery?
According to the latest data from Bloomberg, as of March 31, 2009 The US Treasury and Fed had committed a total of $12.8 Trillion to the financial rescue efforts. Out of this committed limit, $ 4,169.71 billion was drawn down as of March 31, 2009.