SCARY! A visual look at the derivatives exposure of JP Morgan, Citibank etc

[Straker]

Here is a frighteningly visual representation of the derivatives debt market exposure of the top US Banks.

Warning: May cause heart failure, anger, anxiety, fear or uncontrollable laughter, depending on your financial and mental preparedness.

Straker

See the whole site here: http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html

http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-jp_morgan_chase.jpg

[9eagle9]

My father was born shortly before the Great Depression and conveyed that people that had nothing fared much better than those who were used to having a lot .

Had no idea he was poor at all until he seen how other people lived. Got an entirely different perspective when the Crash came. He and his family were still living well,barely touched by the crash, but those who were dependant on their wealth were in of course what is now known as the 'panic'.

I'm not overly disturbed as I have nothing to lose and that which I do have to lose is being converted to use-able goods.

For those who don't understand this always remember that there will be a use for dollars (or whatever paper currency in the future).

People are afraid of toilet paper shortage. For those who wiped their asses with dollar bills and lit cigars with them a few years back, rest assured that dollar bills can certainly serve the same function for them in the future , if an economic collapse should occur.

PLUS you can wash dollar bills (as we all know from forgetting to clean out our pockets pre laundry) so we then have a re-useable form of toilet paper.

[778 neighbour of some guy]

My father was born shortly before the Great Depression and conveyed that people that had nothing fared much better than those who were used to having a lot .

Had no idea he was poor at all until he seen how other people lived. Got an entirely different perspective when the Crash came. He and his family were still living well,barely touched by the crash, but those who were dependant on their wealth were in of course what is now known as the 'panic'.

I'm not overly disturbed as I have nothing to lose and that which I do have to lose is being converted to use-able goods.

For those who don't understand this always remember that there will be a use for dollars (or whatever paper currency in the future).

People are afraid of toilet paper shortage. For those who wiped their asses with dollar bills and lit cigars with them a few years back, rest assured that dollar bills can certainly serve the same function for them in the future , if an economic collapse should occur.

PLUS you can wash dollar bills (as we all know from forgetting to clean out our pockets pre laundry) so we then have a re-useable form of toilet paper.

:p Buck-wipes ? :p

[NewFounderHome]

Let it crash in peace!

[Fred Ryan]

I agree, let it crash in peace. Please try to remember that this is just money, a medium of exchange that is created out thin air and had no true or lasting value. Eventually, all fiat currency systems must and will crash.

The important question is who's collecting all the interest on this debt and what are they buying?

[Straker]

Yes, all ones and zeroes on a computer somewhere...fiat debt notes with no intrinsic value, backed by nothing. It needs to collapse and collapse it will.

The world will be a better place once the illusion has gone and the bankers exposed for their ponzi schemes.

Straker

[intruth]

Straker,

The question is how much of these "fake" losses they will go after the US taxpayers for - you know with this "we're to big to fail" b/s. It's a ruse.
I agree, let them crash and good riddance. Drake said the JP Morgan losses were a cover for extortion payments to the cabal.