1.5 quadrillion dollar derivatives bubble

[Mike_Yates]

What might happen if the $1,500,000,000,000,000 derivatives bubble actually bursts?

I would assume that this would bankrupt the entire global economy and send us back into the dark ages.

http://theeconomiccollapseblog.com/...day-destroy-the-entire-world-financial-system

 

[eyer]

What might happen if the $1,500,000,000,000,000 derivatives bubble actually bursts?

I would assume that this would bankrupt the entire global economy and send us back into the dark ages.

http://theeconomiccollapseblog.com/...day-destroy-the-entire-world-financial-system

Not at all, Mike...

...sure, for the statist among us, life as they've become spoiled to will end and hopefully their misery will reach magnificent heights before their sure demise from not being able to survive without stealing from others.

What happens for the individual liberty-loving folks is just Nature hitting the reset button...

...it'll all be good, dude.

 

[Sean]

What might happen if the $1,500,000,000,000,000 derivatives bubble actually bursts?

I would assume that this would bankrupt the entire global economy and send us back into the dark ages.

http://theeconomiccollapseblog.com/...day-destroy-the-entire-world-financial-system

That's exactly what happened in the 2008 crash.

 

[Mike_Yates]

http://www.youtube.com/watch?v=x-CrNlilZho