Monday, May 10, 2010

Derivatives + Coming World Economic Collapse

To get it in proper perspective, imagine this entire global financial crisis as a single damp firecracker popping.

Now imagine a similar failure in derivatives as the detonation of a 50 megaton Tsar Bomba over every major city on earth.

The effect will be the same.

If derivatives fail, that's basically the entire planet that will be busted broke.

1 comment:

Anonymous said...

"They" are just kicking the can down the road to delay the inevitable. A con can only last until the mark(s) realize that they are conned. Actually, that moment for the US happened when most Amerikans were against the TARP bailout. But nothing happened to stop it. So "They" set up "Tea Parties" to let the suckers blow off steam. Yeah, that'll change things. All TPTB are doing is to steal as much money as possible before TSHTF. That's it. Feather their nests to ride out the destruction to come. But what they don't realize that they will not be immune because of their money. No sir!