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Samnospam
Advisor

big numbers

The following is the global financial pyramid scheme by the numbers...

-$9,283,000,000,000 - The total amount of all bank deposits in the United States.  The FDIC has just 25 billion dollars in the deposit insurance fund that is supposed to "guarantee" those deposits.  In other words, the ratio of total bank deposits to insurance fund money is more than 371 to 1.

-$10,012,800,000,000 - The total amount of mortgage debt in the United States.  As you can see, you could take every penny out of every bank account in America and it still would not cover it.

-$10,409,500,000,000 - The M2 money supply in the United States.  This is probably the most commonly used measure of the total amount of money in the U.S. economy.

-$15,094,000,000,000 - U.S. GDP.  It is a measure of all economic activity in the United States for a single year.

-$16,749,269,587,407.53 - The size of the U.S. national debt.  It has grown by more than 10 trillion dollars over the past ten years.

-$32,000,000,000,000 - The total amount of money that the global elite have stashed in offshore banks (that we know about).

-$50,230,844,000,000 - The total amount of government debt in the world.

-$56,280,790,000,000 - The total amount of debt (government, corporate, consumer, etc.) in the U.S. financial system.

-$61,000,000,000,000 - The combined total assets of the 50 largest banks in the world.

-$70,000,000,000,000 - The approximate size of total world GDP.

-$190,000,000,000,000 - The approximate size of the total amount of debt in the entire world.  It has nearly doubled in size over the past decade.

-$212,525,587,000,000 - According to the U.S. government, this is the notional value of the derivatives that are being held by the top 25 banks in the United States.  But those banks only have total assets of about 8.9 trillion dollars combined.  In other words, the exposure of our largest banks to derivatives outweighs their total assets by a ratio of about 24 to 1.

-$600,000,000,000,000 to $1,500,000,000,000,000 - The estimates of the total notional value of all global derivatives generally fall within this range.  At the high end of the range, the ratio of derivatives to global GDP is more than 21 to 1.

Are you starting to get the picture?

Every single day, the total amount of debt will continue to grow faster than the total amount of money until the day that this bubble bursts.

What we witnessed back in 2008 was just a little "hiccup" in the system.  It caused the worst economic downturn since the Great Depression, but global financial authorities were able to get things stabilized.   

 

http://www.zerohedge.com/news/2013-03-21/global-financial-pyramid-scheme-numbers

4 Replies
BA Deere
Honored Advisor

Re: big numbers

When I see numbers like that, I always wonder where it`s all going to end up.  It isn`t like these numbers have stabilized, they are going up exponentially.  Somewhere, sometime down the line everybody is going to have a haircut, debts will have to be written-off.  Actually if those in Cyprus could solve their problems with only 10% pilfered from their bank accounts, that wouldn`t be too bad, in this country over half of some people`s income in taxed away every year and in France they have a 70% rate. 

 

The haircut will come, Delilah and Edward Scissorhands are off stage putting an edge on their cutlery.  Question is, after the haircut which direction then?  Rand Paul? or Hugo Chavez?

FARM4EVER
Contributor

Re: big numbers mre fraud

r3020
Senior Advisor

Re: big numbers


@BA Deere wrote:

When I see numbers like that, I always wonder where it`s all going to end up.  It isn`t like these numbers have stabilized, they are going up exponentially.  Somewhere, sometime down the line everybody is going to have a haircut, debts will have to be written-off.  Actually if those in Cyprus could solve their problems with only 10% pilfered from their bank accounts, that wouldn`t be too bad, in this country over half of some people`s income in taxed away every year and in France they have a 70% rate. 

 

The haircut will come, Delilah and Edward Scissorhands are off stage putting an edge on their cutlery.  Question is, after the haircut which direction then?  Rand Paul? or Hugo Chavez?


There is a way out of this BA. It is called the bankruptcy court. The government confiscating the peasants money will solve nothing, everyone keeps doing what they have been doing.

BA Deere
Honored Advisor

Re: big numbers

Hey 3020, after a bankrucy or a chapter 12 debt write-off, where do we as a country go from there?  Right now "half the birds in the nest are looking at mama bird with their mouths open, waiting for their daily worm" and those "open mouth birds" have a vote that counts just as much as yours and mine 3020, even more so, cause they vote more than once in many casesSmiley Happy   It`s "the day after" that concerns me, mathematics is going to prevail in the end. But one day the gig will be up, no more fed printing, no more borrowing, it will be the sequester X 50.