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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (85062)1/15/2009 7:51:55 PM
From: Real Man  Read Replies (2) of 94695
 
Actually, that is not so stoopid, cause it would disarm the
derivative bomb.
The contracts are bilaterial and concentrated at the top 20
global banks. So, just get all the CBs take
over the 20 biggest banks (not the whole banking system) -
and the 1 quadrillion derivative Ponzi bomb will be disarmed,
as these bilaterial contracts will be vaporized along with
the shadow banking system. Far better than letting it implode.
It MAY have to end this way... or the implosion. Take your pick <g>
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