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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 (89139)	11/24/2007 4:08:47 PM
From: John Vosilla	Read Replies (2) \| Respond to of 110194

'..world wide derivatives per the BIS recently is about $516 trillion, and there's $11.14 trillion of assets behind it.' This getting way beyond my comprehension level now.. What is going to be the term for a trillion with three zeroes added? It really sounds like way to much paper creation in the end never to be paid back with current money. Still this doesn't imply depression or deflation IMHO..Quite the opposite on the back side in this day and age.. A Zimbabwe or Argentina on steroids in the post Barry Bonds era<g>?