Replies to post #37820 on Your Economy (No Politics) (YE1)

[Mr. Bill]

Yes - great article

http://www.moneyandmarkets.com/alarming-news-bank-losses-spreading-32910

[Bullwinkle]

Nice yet scarey charts there nln.. I believe (or at least according to CyclePro whose commentary I respect) there are about $700 Trillion (not a misprint) in derivatives floating around out there. Now that is SCAREY. I have a difficult time getting my mind around that number. Almost a Quadrillion, YIKES!!!

[jimmym4]

Stick a fork in it!We are screwed..unless you own gold that is