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Jackpine Radical

(45,274 posts)

1. $2 quadrillion

Reply to marmar (Original post)

Mon Jul 28, 2014, 10:01 AM

Jul 2014

I can't get that number out of my head now. It's like an earworm.

$2 quadrillion. The "notional" value of the derivatives pyramid.

What's the total value of the Earth?

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Highlight:

You Can’t Taper a Ponzi Scheme: Time to Reboot [View all] marmar Jul 2014 OP

$2 quadrillion Jackpine Radical Jul 2014 #1

Sounds like they both believe the banks are so large as to be "unregulatable" ... Scuba Jul 2014 #2

When our top financial experts speak like bad screenwriters. ... GeorgeGist Jul 2014 #3

du rec. xchrom Jul 2014 #4