Wednesday, March 20, 2013

Total "Assets"

I saw these on The Daily Sheeple, a prepper conspiracy site.

Maybe Ill get a chance to chart this.

The following is the global financial pyramid scheme by the numbers…

-$9,283,000,000,000 - The total amount of all bank deposits in the United States.  The FDIC has just 25 billion dollars in the deposit insurance fund that is supposed to “guarantee” those deposits.  In other words, the ratio of total bank deposits to insurance fund money is more than 371 to 1.

-$10,012,800,000,000 - The total amount of mortgage debt in the United States.  As you can see, you could take every penny out of every bank account in America and it still would not cover it.

-$10,409,500,000,000 - The M2 money supply in the United States.  This is probably the most commonly used measure of the total amount of money in the U.S. economy.

-$15,094,000,000,000 - U.S. GDP.  It is a measure of all economic activity in the United States for a single year.

-$16,749,269,587,407.53 - The size of the U.S. national debt.  It has grown by more than 10 trillion dollars over the past ten years.

-$32,000,000,000,000 - The total amount of money that the global elite have stashed in offshore banks (that we know about).

-$50,230,844,000,000 - The total amount of government debt in the world.

-$56,280,790,000,000 - The total amount of debt (government, corporate, consumer, etc.) in the U.S. financial system.

-$61,000,000,000,000 - The combined total assets of the 50 largest banks in the world.

-$70,000,000,000,000 - The approximate size of total world GDP.

-$190,000,000,000,000 - The approximate size of the total amount of debt in the entire world.  It has nearly doubled in size over the past decade.

-$212,525,587,000,000 - According to the U.S. government, this is the notional value of the derivatives that are being held by the top 25 banks in the United States.  But those banks only have total assets of about 8.9 trillion dollars combined.  In other words, the exposure of our largest banks to derivatives outweighs their total assets by a ratio of about 24 to 1.

-$600,000,000,000,000 to $1,500,000,000,000,000 - The estimates of the total notional value of all global derivatives generally fall within this range.  At the high end of the range, the ratio of derivatives to global GDP is more than 21 to 1.


  1. Let's see, $25 billion dollars insures $9.2 trillion ($9200 billion) of US bank deposits.
    Oh dear. Perhaps New Zealand is correct in not trying to insure them? Methinks it is time to acquire a safe for the folding green.

  2. the government's scheme to delay bankruptcy is to continue to borrow (and encourage more borrowing) below the cost of inflation

    but the suppression of interest rates has a depressing effect on profitability of smaller regional banks

    ... and as a result, capital is shifted away from short-term investments into longer duration investments that do not pay off until further into the future. "One strategy the smaller firms have employed is extending duration. That is they have begun buying assets with longer maturities. In Austrian Economics circles, this is considered a reliable outcome of artificially low interest rates because Austrians believe investors begin to favour investments in more “roundabout” methods of production when rates are low. The upshot then is that private portfolio preferences then shift to projects or assets that have payoffs further into the distance, re-allocating investment capital accordingly. When banks extend duration because of low rates, this is what happens."

    "With so many investors pouring money into bonds of all stripes, banks are not earning the returns on longer-dated securities that they would hope for even in the near term."

    "the FDIC has reported that almost all of the increase in earnings from the record $141.3 billion in accounting gains at banks came from increased non-interest income and lower loan loss provisions, not from making more money on loans."

  3. I did a new post on safes, check it out.


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