Pyramids of Debt
Silver at WolfesBlog - a little help in imagining the magnitude of the derivatives market, and the horror should it collapse. [claire]
Dividing the 116 million cubic meters of peas by the volume of the Pyramid, I find that if every notional dollar in derivative contracts were represented by a pea, one could build 28 Great Pyramids of Peas, and make a good start on the 29th.
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