one last scary truth... and O, ps. the GLOBAL GDP is - TopicsExpress

one last scary truth... and O, ps. the GLOBAL GDP is ~$65Trillion..just so you get this graphic. ------------- SHORT STORY: Pick something of value, make bets on the future value of something, add contract & you have a derivative. Banks make massive profits on derivatives, and when the bubble bursts chances are the tax payer will end up with the bill. This visualizes the total coverage for derivatives (notional). Similar to insurance companys total coverage for all cars. demonocracy.info/infographics/usa/derivatives/bank_exposure.html

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