A picture is worth a thousand words.
The banking system melted down at late in 2008, because weird, opaque transactions like Credit Default Swaps made pricing risk pretty difficult. So what did the shiny new
As homework and for extra credit, graph the campaign contributions of these same five organizations and their corporate officers by party donated to.
And just for that final frisson of terror, let me put that figure of $206 Trillion in perspective: it's fourteen times the size of the US GDP.
Dried food, water, and ammo, folks. The Gang That Couldn't Shoot Straight is running things right towards a cliff.
Via A Large Regular.