[Roccland]

paragraph...

$this->bbcode_second_pass_quote('', 'F')rom: "Sharefin"
Received: 08/15/2007 03:48 AM
Subject: Fw: One Paragraph


Why the financial world is scared to death, in one simple paragraph...
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Here it is, the summary of all of the financial crises going on, in ONE PARAGRAPH.

The current estimates on derivative exposure worldwide is about 450 trillion dollars. The world's total GDP for 2006 is estimated at 60-65 trillion dollars. If the derivative market comes unhinged it will require the entire world's financial revenue generation for seven years to bring all accounts to zero. Unravelling derivatives will almost instantly tank the entire planet's economy in one single operation, and no nation on Earth has the finances to stop the collapse once it starts in earnest.


There you have it, in a nutshell. This is why the talking heads are losing their composure and the doom-and-gloom crowd is growing in size and intensity.

[OilIsMastery]

Derivatives aren't going away. As long as there are commodities and human beings to trade them there will be derivatives.

[Roccland]

$this->bbcode_second_pass_quote('', 'F')INANCIAL SYSTEM IN JEOPARDY!

http://www.financia lsense.com/ editorials/ weiss/2007/ 0813.html

The Unbridled Growth

In 1998, the last time the derivatives market nearly blew up, there
were "only" $80 trillion in derivatives outstanding worldwide,
according to the BIS.

That was already huge.

But as I explained a moment ago, now the total derivatives
outstanding has jumped to $415 trillion, or over FIVE times more!

And just from 2005 to 2006, it surged by a whopping 39.5%, about TEN times faster than the growth in the global economy.

[OilIsMastery]

$this->bbcode_second_pass_quote('ferrelgiraffe', 'A')nd the richest of the several PTB is estimated to be worth 750 trilli0n dollars.

no sweat.
It will not collapse until they are ready. Not this year.

[Zardoz]

$this->bbcode_second_pass_quote('ferrelgiraffe', 'A')nd the richest of the several PTB is estimated to be worth 750 trillion dollars.

[evilgenius]

$this->bbcode_second_pass_quote('Zardoz', '')$this->bbcode_second_pass_quote('ferrelgiraffe', 'A')nd the richest of the several PTB is estimated to be worth 750 trillion dollars.

[Tyler_JC]

$this->bbcode_second_pass_quote('Zardoz', '')$this->bbcode_second_pass_quote('ferrelgiraffe', 'A')nd the richest of the several PTB is estimated to be worth 750 trillion dollars.

[mmasters]

There is a lot of family wealth out there that is due to subsidization and help from other families with great collective wealth. These partnerships, alliances and cartels comprise a form of wealth and power that cannot be measured by individual net worth. Very little power lies in individual net worth (collective net worth is where all the power is). Various laws envolving trusts help to disguise it as well as the media (by focusing on red herring views like "the richest man in the world" and never mentioning otherwise). And secret clubs and socieities help manage the collective force to overall further enhance control and power for the collective club.

[Pretorian]

Does it really matter whether you have 1 bln or a 100 bln? Can a multi-billionire sleep with more women /eat more food/ets than a regular billionire? Final question, if there are anyone on forbes list who cant be taken out by just 1 dedicated suicider? Or one highly skilled assasin?

[BigTex]

In a national security meeting one of Bush's advisors informed him that we had lost six Brazilian troops in Iraq.

The President immediately dropped his head and sighed deeply, in obvious pain.

"What's the matter Mr. President?" the advisor asked.

The President looked up and said "I don't even know how many a brazillion is."

[Bas]

derivatives or not only a speculative tool, they are widely used by companies and even states to cover certain risks, like the avation industry likes to cover the risk of higher kerosine prices using derivatives. Also speculators like to cover the excess in risk of derivative position with another derivative.

Here you can read more about derivatives:

Wikipedia/derivatives

[Roccland]

$this->bbcode_second_pass_quote('', 'T')he poster who said they will drop rates 1/4, 1/4, 1/2 then one is likely close. They'll fire it up again.

[Tyler_JC]

OK, so you have no actual evidence of these trillionaires.

I am highly suspicious of anyone claiming to control several trillion in wealth.

Hedge funds have assets in the low single trillion, not hundreds of trillions.

Where are they hiding this wealth, exactly?

Unless you can show an independent assessment of these mysterious super wealthy string pullers, I'm going to throw that into the waste bin of conspiracy theories.


World's richest 1% own 40% of global wealth

40% of global wealth is about 50 trillion dollars.

That is distributed among ~65 million people...

Most of those folks don't know more than a few dozen other super rich.

How can they collaborate on issues of any kind of complexity?

[Roccland]

$this->bbcode_second_pass_quote('ferrelgiraffe', 'H')ey, just write it off as conspiracy, maybe it will cause one or two to not sell short and loose the house, just trying to help.
But there won't be a 29 crash this year.