<div>Perhaps someone else can help verify such figures :</div><div><br></div><div>If we need to fill the gap for <b>12 thousand trillion in debt derivatives</b>,</div><div>that would represent</div><div><b>1'714'286 dollars per person on this planet ... !?</b></div>
<div>( <i>one million seven hundred thousand dollars per person on this planet</i> - considering seven billion people )</div><div><br></div><div>How much of these debt derivatives have gone bad ?</div><div>Why not let the banks go bankrupt, after they created so much leveraged derivative debt to make profits with ?</div>
<div>Why do we try to bail them out with tax payers money ?</div><div>Is this a way to get everyone bankrupt... to the financial institutions? ( while they are the ones that are initially bankrupt ? )</div><div><br></div>
<div><b>Who has some kind of count on real figures ?</b></div><div>( excerpted some figures below )</div><div><br></div><div>//</div><div><br></div><div>If so much money gets printed out as to bail out / "recapitalize" the banks,</div>
<div>what is the effect on the value of money ? Are these currencies being debased ? ( see comparison between worth of dollar or euro Vs swiss frank or gold ? ) �</div><div>Is this part of currency wars ?</div><div><a href="http://en.wikipedia.org/wiki/Currency_war">http://en.wikipedia.org/wiki/Currency_war</a></div>
<div><br></div><div>What is the parallel with the pre-second world war period ? ( hyper inflation potential ? depression ? ... )</div><div><br></div>///<div><br></div><div><a href="http://usawatchdog.com/four-biggest-banks-in-america-have-huge-leverage/">http://usawatchdog.com/four-biggest-banks-in-america-have-huge-leverage/</a></div>
<div><br></div><div>excerpts :<br><div><br></div><div><span class="Apple-style-span" style="color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">According to the latest report from the Comptroller of the Currency,�</span><br>
<div><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
just four U.S. banks have an eye popping $235 trillion of OTC derivative leverage.�<a href="http://www.occ.gov/topics/capital-markets/financial-markets/trading/derivatives/dq211.pdf" target="_blank" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(60, 120, 167); text-decoration: none; ">(Click here for the complete Comptroller of the Currency report.)</a>� As a nation, U.S. banks have a total OTC derivative exposure of $250 trillion. So, the fact that just four U.S. banks have this much leverage and risk is astounding!� The banks are listed below in order of size and approximate OTC exposure:</p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
�1.)���� JP MORGAN CHASE BANK NA OH</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
���������� $78.1 trillion OTC derivatives�</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
�2.)��� CITIBANK NATIONAL ASSN</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
���������� $56.1 trillion OTC derivatives</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
�3.)��� BANK OF AMERICA NA NC</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
���������� $53.15 trillion OTC derivatives</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
�4.)��� GOLDMAN SACHS BANK USA NY</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
���������� $47.7 trillion OTC derivatives</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
Considering that the total assets of these four banks are a little more than�<strong style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">$5 trillion</strong>, I see a frightening amount of risk with a total derivative exposure of�<strong style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">$235 trillion!�</strong></p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
<strong style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">///</strong></p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
<strong style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">The Bank of International Settlements pegs the total world over-the-counter (OTC) derivative exposure at around $600 trillion, but many experts say the real figure is more than twice that amount.�<span class="Apple-style-span" style="font-weight: normal; "> No matter which figure you use, it is a gargantuan sum.� <i>OTC derivatives are an unregulated dark pool of money with no public market.� These are basically debt bets between two entities on things such as credit risk, currencies, interest rates and commodities.�</i></span></strong></p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); font-family: Arial, Helvetica; font-size: 12px; line-height: 21px; background-color: rgb(255, 255, 255); ">
<strong style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; "><span class="Apple-style-span" style="font-weight: normal; ">In effect, the Federal Reserve bailed out the world financial system.�</span><span id="more-5960" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; font-weight: normal; "></span><span class="Apple-style-span" style="font-weight: normal; ">Now, we are right back to square one facing another financial meltdown with European banks and sovereign debt.� If the Fed spent $16 trillion, why in the heck is this problem not fixed and why isn�t the world economy taking off like a rocket?�� The simple answer is it wasn�t enough money. �</span></strong></p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); line-height: 21px; background-color: rgb(255, 255, 255); ">
<strong style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; "><span class="Apple-style-span" style="font-weight: normal; "><font class="Apple-style-span" face="arial, helvetica, sans-serif">Further googling :</font></span></strong></p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); line-height: 21px; background-color: rgb(255, 255, 255); ">
<strong style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; "><font class="Apple-style-span" face="arial, helvetica, sans-serif"><a href="http://www.google.be/search?gcx=w&sourceid=chrome&client=ubuntu&channel=cs&ie=UTF-8&q=235+trillion+derivatives">http://www.google.be/search?gcx=w&sourceid=chrome&client=ubuntu&channel=cs&ie=UTF-8&q=235+trillion+derivatives</a></font></strong></p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); line-height: 21px; background-color: rgb(255, 255, 255); ">
<strong style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">as for the 16 trillion the fed spent ( revealed only after a new law enabled auditing of the fed ? )</strong></p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; color: rgb(51, 51, 51); line-height: 21px; background-color: rgb(255, 255, 255); ">
<strong style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; "><a href="http://www.google.be/search?gcx=w&sourceid=chrome&client=ubuntu&channel=cs&ie=UTF-8&q=16+trillion+fed">http://www.google.be/search?gcx=w&sourceid=chrome&client=ubuntu&channel=cs&ie=UTF-8&q=16+trillion+fed<br>
</a></strong></p></div></div></div>