Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Every Thing Else Board
$7.76 Trillion?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="HerefordSire" data-source="post: 599635" data-attributes="member: 4437"><p><em>Last I checked (less than a month ago), Italy has the most exposure of financial derivatives than any other single entity in the world. If they are allowed to default, similar to Iceland, they could collapse all country's credit and economic systems like a ripping string of dominoes because of economic system connectivity. If I remember correctly, Spain is right behind them. Remember, I am expecting about 1,000 US banks to fail in a short time period in the next year. Where will all the funds come from to support the most important entities?</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 599635, member: 4437"] [i]Last I checked (less than a month ago), Italy has the most exposure of financial derivatives than any other single entity in the world. If they are allowed to default, similar to Iceland, they could collapse all country's credit and economic systems like a ripping string of dominoes because of economic system connectivity. If I remember correctly, Spain is right behind them. Remember, I am expecting about 1,000 US banks to fail in a short time period in the next year. Where will all the funds come from to support the most important entities?[/i] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Every Thing Else Board
$7.76 Trillion?
Top