lets have a rational discussion about us debt, page-63

" It is the CURRENCY and CREDIT DERIVATIVES counter.

It should be reading $1000 per second.
But it is reading $1,000,000 per second."

Hi Eng,

I think it may be correct as it is.


$1 million/sec

= $60 million per minute

= $3.6 Billion per hour

= $31.450 Trillion per year.


But from THE CLOCK the Credit Derivatives alone are already $640 trillion, so increasing them by $1,000,000 per second is simply increasing them by 4.9%.

I think that's understating their rate of their growth.


dub