Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

GoldenThunder

(300 posts)
13. That all of the economic fundamentals that led to the near disaster in 2008...
Wed Mar 16, 2016, 01:25 PM
Mar 2016

....are far, far worse today. Indeed, it's probably a mistake to have used the word "Crash" in the title because from this perspective, a total and horrifying collapse is far more likely. The mad derivative market alone had exploded to $1.2 quadrillion dollars. When that goes belly up, how in the blue fuck are we going to answer a margin call that is over twenty times the entire GDP of Earth.

God forgive us all.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Retired Forums»Bernie Sanders»Even if Hillary prevents ...»Reply #13