[FoRK] "The United States is Insolvent"

Adam L Beberg < beberg at mithral.com > on > Wed Dec 20 18:06:31 PST 2006

> That 50T is an interesting figure, because I've been working on the 
> basis of there being only around 30-40T of total US private net worth.  
> Anyone have a good explanation for this discrepancy?

Derivatives. 370T worth of them as of 6 months ago, and rising 
exponentially. Probably ~400T by now.

-- 
Adam L. Beberg
http://www.mithral.com/~beberg/

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