[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
More information about the FoRK