The size of our national economy this year is roughly $15 trillion. The size of the Credit Default Swaps (CDS) market is $64 trillion. The whole world GDP is about $56 trillion. How could the CDS market be larger than the world GDP combined? That doesn't make any sense.
read more | digg story
Subscribe to:
Post Comments (Atom)
8-26-2026
PAPER: Has World War III Already Started? The Warnings That Came Before -- As Six-Month Mark Hit... China threatens White House with retalia...
-
The Pentagon Just Threw Larry Ellison a $7 Billion Lifeline. Will It Be Enough to Stop the Oracle Crash? White House offers its science bl... -
Is it illegal to trick the US government into wiping your phone during a questionably legal search | The case of a traveler who allegedly en... -
High school teacher arrested for clapping in support of anti-data center activists SpaceX Stock Hammered After Starship Booster Fails in F...
No comments:
Post a Comment