Monday, June 4, 2012

The BIG Reset

World debt (over $200T) is now more than 300% of GDP. We're only fifth but that's no comfort.

$70T in debt is collateral for $700T in derivatives (most of which is on the brink.)

Too big to fail will destroy us all (rather than allowing pockets of wisdom to safe guard us.)

Via Zimmerman.




No comments: