Anyone know a bigger real FACTUAL number bigger then $648,000,000,000,000?

Discussion in 'Politics' started by healthmyths, Oct 11, 2012.

  1. healthmyths
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    healthmyths Gold Member Supporting Member

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    The current value of the derivatives markets stands at about $648 trillion!
    t’s the financial crisis involving derivatives markets.

    Starting next year, to “prevent” another financial crisis, traders need to back up their derivatives by top-rated collateral such as U.S. Treasuries.

    This collateral rule was the result of the Dodd-Frank Act, which was passed in the midst of the financial crisis of 2008.

    It sounds like a great idea, in a perfect world.

    But it’s not the case in this current U.S. economy.

    Could This Be a Trick to Drive Even More Investors to U.S. Treasuries?

    OPERATIVE WORDS: "Sounds like a great IDEA"!

    But Dodd-Frank Like Obamacare are the two BIGGEST DESTRUCTIVE pieces of legislation that are NOW destroying our economy!!!
     
  2. NYcarbineer
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    NYcarbineer Diamond Member

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    Yeah I know a bigger number:

    648,000,000,000,001...

    ...the number of stupid threads you've flooded this board with.

    :lol::lol::lol::lol:
     
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  3. healthmyths
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    healthmyths Gold Member Supporting Member

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    You and Biden are just alike... juvenile, sophomoric, can't do or say anything productive so you make some totally inane (that means dumb f..k.. remark) comment like above.
    Well idiot in the dumper... here are some MORE REAL numbers!

    But here are some MORE REAL numbers that is COSTING the consumers!
    At $30/hour this is almost a Billion a year JUST to comply!!!

    Committee: Dodd-Frank compliance to cost private sector 24 million man-hours per year

    Rgulators have written only 185 of the expected 400 rules. But those 185 rules are expected to cost the private sector more than 24 million man-hours each year to comply.

    The tracker has also found that those 185 rules take up more than 5,300 pages.



    Committee: Dodd-Frank compliance to cost private sector 24 million man-hours per year | The Daily Caller
     
  4. buckeye45_73
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    buckeye45_73 Lakhota's my *****

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    I will admit I was wrong...you can count that high......cost me money you bastard!
     
  5. OKTexas
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    OKTexas New Life Member of the NRA 12/15 Supporting Member

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    No reason to explain things to zombies, they don't have the capacity to understand.
     
  6. Wroberson
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    Wroberson VIP Member

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    I've got the second largest factual number

    576 trillion. The amount owed to the banks on the total amount of real estate in America. Too bad the value is only 145 trillion.

    We are in some kind of debt.
     
  7. Quantum Windbag
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    Quantum Windbag Gold Member

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    How about a cell phone bill?
     
    Last edited: Oct 13, 2012
  8. Lakhota
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    Lakhota Diamond Member

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    Yep, they don't come much dumber than healthmyths. She a notch below ginscpy.
     

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