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Seen by themselves, the payments are huge, but they are less than one-tenth of 1percentt of the money already committed to the A.I.G. bailout.
"Not only is it borrowing to meet current expenses, but it's paying off these bonds with money already committed to health care," Mr. Gottfried said.
Mr. Soros estimates conservatively that Western nations would have to put up $15 billion or so, on top of the money already committed by the I.M.F.
But subtract the money already committed to bail-outs as well as the extra Greece might need if "voluntary" private debt-restructuring falls short (see article), and only around €200 billion may be left.
But with vast sums of taxpayer money already committed to efforts to recover from the financial crisis, Germany, the bloc's largest economy, warned that excessive government obligations could also create unintended consequences.
But analysis by the One anti-poverty campaign now shows that two thirds of that money was "double spending" – aid money already committed – and the G8's own analysis shows that 26% of the money committed has not materialised.
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The rest of the money was already committed to other projects, like an Upper East Side high school.
A spokesman for the university said it was "open minded" but that much of the money was already committed.
But businessmen here said they believed most of the new money is already committed to servicing the country's massive foreign debt.
They allow customers to maintain their own accounts, but quickly fund then switch over to shared accounts to collaborate with each other on financial planning by tracking shared expenses, setting goals, and keeping an eye on the shared account's "safe-to-spend" balance, which includes the money not already committed to bill payments and savings.
They allow customers to maintain their own accounts, but quickly fund then switch over to shared accounts to collaborate with each other on financial planning by tracking shared expenses, setting goals, and keeping an eye on the shared account's "safe-to-spend" balance, which includes the money not already committed to bill payments and savings.
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CEO of Professional Science Editing for Scientists @ prosciediting.com