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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (74340)	11/20/2006 9:31:48 AM
From: westpacific	Respond to of 110194

Extremely troubling report from the Bank for International Settlements that derivatives trading globally is up 25% Year on Year (YoY) and, as I told Peoplenomics subscribers in this weekend's report, the shocker is that the notional value of the derivatives turnover this year will be (hold on to you coffee) 11½ times all of the money made on earth this year. In other words, Global GDP will be between $60.6-trillion and $61-trillion [plus or minus a small country or two] this year while the derivatives turnover will top $750. The People's Economist's private book estimates the DT's - derivatives turnover not to be confused with the other DT's - delirium tremens - will hit US$788.1-trillion to - $792-trillion, or twelves times the planet urbansurvival.com ---- Can you say this market is nuts, look at the debt being created in all these buyouts and takeovers. Also read how the current generation of 20 somethings will be the first to see the downfall of America.......since the top 1% now makes 16% of the income!!!!!!! You wonder why we are building prison camps? Its called an ugly revolt to come. Its gonna get ugly - real ugly. West