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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Worswick who wrote (205)9/26/1998 9:43:00 PM
From: Sam  Read Replies (2) of 2794
 
Clark,
Lets see now, if the GDP of the world is/was about 23 trillion, no lets even make that a more optimistic $30 trillion, and if the amount that has been leveraged is between the $85 trillion "plus an undetermined amount" (whatever that lovely statement means) that NY Fed admits to and the low end of your estimate of $200 trillion--well, that leaves a lot of imagined money out there to disappear, poof into thin air, or, rather, into Bytesville. David Copperfield couldn't do it with greater elan.

What a fun game to play.
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