Wouldn't that be a quadrillion?

On Sat, Mar 7, 2009 at 6:12 PM, Gruss Gott <[email protected]> wrote:

>
> > gg wrote:
> > agreed to guarantee them against
> > losses from credit default swaps
>
> And you see all, this is Robert does you such a disservice by
> repeating the misinformation about sub-prime.
>
> There is $1000 Trillion in nominal value of derivatives out there.
>
> That is NOT a typo.  I mean it's not even a real number it's so ridiculous.
>
> //Dr. Evil accent // "One thousand trillion dollars"
>
> The AIG blackhole has been bailed out on **only** $180 billion.
>
> If these things REALLY unravel?  Whoa.
>
> The sub-prime thing is so laughably inconsequential comparatively,
> anyone who repeats it is just plain ignorant or intentionally
> attempting to deceive you.
>
> I wonder which Robert is ...
>
> 

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