The Mudcat Café TM
Thread #120372 Message #2618734
Posted By: Donuel
25-Apr-09 - 05:56 PM
Thread Name: BS: 102 Trillion in Debt in the UK
Subject: RE: BS: 102 Trillion in Debt in the UK
That number does not compute.
This could only be if it is honoring 100% of all bets made on credit that is compunded daily.
There is less than $100 trillion dollars of Real Estate value in the entire world.