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Old 06-26-2012, 11:00 PM   #151
Flame Of Liberty
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Join Date: Mar 2002
Location: Sydney, NSfW
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World economy is in good hands (article from May, I believe it wasn't posted yet):

For anyone who still hasn't grasped the magnitude of the central planning intervention over the past four years, the following two charts should explain it all rather effectively. As the bottom chart shows, currently the central banks of the top three developed world entities: the Eurozone, the US and Japan have balance sheets that amount to roughly $8 trillion. This is more than double the combined total notional in 2007. More importantly, these banks assets (and by implication liabilities, as virtually none of them have any notable capital or equity) combined represent a whopping 25% of their host GDP, which just so happen are virtually all the countries that form the Developed world (with the exception of the UK).



http://www.zerohedge.com/news/top-th...oped-world-gdp

Last edited by Flame Of Liberty; 06-26-2012 at 11:08 PM.
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