Antic Fiscal Disposition

12 Revealing Numbers

Michael Snyder, The Economic Collapse, writes: "When Americans think about the financial crisis that we are facing, the largest number that they usually can think of is the size of the U.S. national debt.  And at over 17 trillion dollars, it truly is massive.  But it is actually the 2nd-smallest number on the list below.  The following are 12 numbers about the global financial Ponzi scheme that should be burned into your brain..."

in $Trillions
$   1.3	Total US currency in circulation.
$ 17.5	US national debt.	1 to 1	(debt to GDP)
$ 32.0	Offshore bank deposits of global elite.
$ 48.6	Goldman Sachs derivatives exposure.	54 to 1	(liability to asset)
$ 59.4	US total debt (government, corporate and consumer); up from $ 2.0 in 1970.	3 to 1	(debt to GDP)
$ 70.1	JP Morgan derivatives exposure.	29 to 1	(liability to asset)
$ 71.8	World GDP.
$ 75.0	Deutsche Bank derivative exposure.	34 to 1	(liability to asset)
$ 100.0	Worldwide government debt, up from $70.0 in 2007.	1.3 to 1	(debt to GDP)
$ 223.3	Worldwide total debt (government, corporate and consumer).	3 to 1	(debt to GDP)
$ 236.6	Top 25 US banks derivative exposure.	25 to 1	(liability to asset)
$ 710.0	Worldwide Derivatives.	21 to 1	(liability to GDP)

Newspeak gratefully acknowledges the following sources:

ZeroHedge.com:  12-numbers-about-global-financial-ponzi-scheme-everyone-should-know

TheEconomicCollapseblog.com: 12-numbers-about-the-global-financial-ponzi-scheme-that-should-be-burned-into-your-brain

Leading Nations - GDP vs Debt
	GDP	Debt		Tax Rate
	in $Trillions		% D-G	Corp	Indiv
US	$ 17.1	$ 17.5	102.3%	0-54	0-56
China	$   8.2	$   5.1	62.2%	25	5-45
Japan	$   5.1	$ 10.0	196.9%	38	8-50
Mexico	$   5.0	$     .4	8.1%	30	2-30
UK	$   2.8	$   2.1	75.3%	21	0-45
Germany	$   2.7	$   2.1	77.8%	30	0-45
Brazil	$   2.1	$   1.3	61.9%	34	0-28
Russia	$   2.1	$     .2	9.5%	20	13
India	$   1.8	$     .9	50.0%	3	0-33

sources: NationalDebtClocks.org;  Tax Rates.