$680 Trillion - Nice work, if you can get it! by Shinygoodguy

GENERAL DISCUSSIONS

$680 Trillion - Nice work, if you can get it!

POSTED BY: SHINYGOODGUY
UPDATED: Sunday, August 22, 2010 17:24
SHORT URL:
VIEWED: 961
PAGE 1 of 1

Saturday, August 21, 2010 8:30 PM

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
-----------------------------------------------------------------------------------
"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."
-----------------------------------------------------------------------------------

SGG

Tawabawho?

NOTIFY: Y | REPLY | REPLY WITH QUOTE | TOP | HOME

Sunday, August 22, 2010 5:24 PM

SHINYGOODGUY

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?

NOTIFY: Y | REPLY | REPLY WITH QUOTE | TOP | HOME

YOUR OPTIONS

SHARE THREAD

NEW POSTS TODAY

USER	POST DATE

USER

POST DATE