In the previous posting I noted that the German government rescue plan which includes guarantees and capital injections totalled 470 billion euros.
I hope that someone can point out a flaw in my logic but that would equate to about $2.7 trillion if one compares the relative GDP size of the US and Germany. In dollars the 470 billion Euros is $635 billion. The US GDP is about 4.3 times that of the German GDP. Do the simple extension of 4.3 times $635 billion and you get something in the neighborhood of $2.7 trillion.
There are no words to describe that sum. I dare say that it would be impossible to raise that sum in timely fashion without a total disruption of capital market flows.