We are in a Depression. Read on.

[TheCoolinator]

Originally Posted by Pentegarn

I love how he repeatedly throws out the 1.5 quadrillion figure out there

That's a quadrillion dollars worth of global derivative debt. "Troubled assets"

Originally Posted by Pentegarn

An intelligent person would instead compare cost of living percentages, quality of life (no bread lines now are there? No masses of drifters moving from city to city looking for work?), and % of unemployment.

US living standards have been cut by 2/3 since 1960 and more austerity measures are coming (Death Panels), Don't need bread lines anymore if food stamps come on credit cards, drifters are in the form of tent cities (google it), we have an unofficially number of 25-30% unemployment...depression levels...

Originally Posted by Pentegarn

1.5 quadrillion world wide is not a big deal
......
And that 1.5 quadrillion number is put into perspective

Gotcha!

1.5 quadrillion dollars worth of speculative derivative financial instruments is many, many, many times larger then the worlds GDP.

That's the entire globes...GDP. Are things coming into focus now?

Originally Posted by Pentegarn

That's 4 trillion, by itself,

We've spend much more then 4 trillion on the bailouts.....and we are keeping that spigot running. Bleeding us dry.

Won't know what hit ya when it comes but I'm sure you'll rationalize it like everything else.