mother of all collapses

Holy Notionals, Batman! This Market is Fucked

notional

Dood, I don't know anything about Teh Economies, but this doesn't look good to me. IIRC the US GDP is ~13 trillion. Those numbers above kind of dwarf that.

A reader named Bex and the Agonist crew are having a really good discussion where I found that graph. He wonders: if all these people are losing all this money, who is making it? Where is it going? And I'd add: what expectations will those people have politically, now that the financial power is shifting so graphically and rapidly? Read more…

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