$680 Trillion - Nice work, if you can get it!
POSTED BY: Shinygoodguy
UPDATED: Monday, August 23, 2010 03:24
VIEWED: 1039
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I just finished watching a very interesting documentary regarding our economy and Wall Street.
If you have Netflix it's on instant playlist; it's called simply, "The Warning."
The following link is an interview with one of the least known principles, Brooksley Born. From an interview conducted by PBS's Frontline:
http://www.pbs.org/wgbh/pages/frontline/warning/interviews/born.html
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"This market had gotten to be over $680 trillion in notional value as of June 2008 when it topped up. I think that was the peak. And that is an enormous market. That's more than 10 times the gross national product of all the countries in the world."
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SGG
Tawabawho?
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Here's a link to the Frontline piece video. It is 1 hour and very informative and powerful.
http://video.pbs.org/searchForm/?q=The+Warning
It makes you think who's running this country.
SGG
Tawabawho?
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