Black Hole in World Economy


	Black Hole in World Economy

suzikoh

12-8-2007 4:12 AM

458 views

tags:

economics

suzikoh says:

worth a read....

1 Comment |

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11-26-2008 6:58 PM

jimbo1000

one year later we can see it was very perceptive

"The actual excerpt is that "there is currently at least a $1,000 trillion black hole in the world economy", what with "$600 trillion in world liabilities, plus more than a $400 trillion derivatives neutron bomb, all of which will go off when the Westerners (from EU and US) will no longer be able to borrow."

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/948c063f-628b-471e-ba09-8aa92a62fa47/5A071D89-E39D-4CE5-BD06-67C43660B6A5/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.atimes.com/atimes/Global_Economy/IL06Dj01.html" href="http://www.atimes.com/atimes/Global_Economy/IL06Dj01.html" style="font-size: 11px;">www.atimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.atimes.com/atimes/Global_Economy/IL06Dj01.html"><STRONG>The shock of a thousand 
                              trillion<BR /></STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.atimes.com/atimes/Global_Economy/IL06Dj01.html"><DIV>By The Mogambo Guru 
                              </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.atimes.com/atimes/Global_Economy/IL06Dj01.html"><DIV>Today we are going to Rgemonitor.com for 
                              the Mogambo Laugh O' The Day (MLOTD) concerning 
                              gold, in the award subcategory, "A joke that does 
                              not make fun of people so damned stupid that they 
                              have no clue of what the last 4,000 years of 
                              economics and gold says about why they should be 
                              buying gold with both hands with every penny at 
                              their disposal, and selling the kids into slave 
                              labor to get a few extra bucks with which to buy 
                              gold, and since they are slaves and thus somebody 
                              else's problem now, they won't need their stupid 
                              piggy banks, and these parents can help</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.atimes.com/atimes/Global_Economy/IL06Dj01.html"><STRONG>The shock of a thousand 
                              trillion<BR /></STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.atimes.com/atimes/Global_Economy/IL06Dj01.html"><DIV>The 
                              actual excerpt is that "there is currently at 
                              least a $1,000 trillion black hole in the world 
                              economy", what with "$600 trillion in world 
                              liabilities, plus more than a $400 trillion 
                              derivatives neutron bomb, all of which will go off 
                              when the Westerners (from EU and US) will no 
                              longer be able to borrow." </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/5A071D89-E39D-4CE5-BD06-67C43660B6A5/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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