The
Mother Of All Infographics: Visualizing
America's Derivatives Universe
Submitted
by Tyler
Durden on 04/19/2012
http://albertpeia.com/usderivatives221trillionof707trillionglobal.htm
‘A
month ago we
presented the latest derivatives update from the OCC, according to which
the Top 5 US banks held 95.7%, or $221 trillion of the entire US derivative universe (which
in turn is just a modest portion of the entire $707 trillion in global
derivatives as of June 30, 2011). And while the numbers of all this credit
money, because that's what it is, and the variation margin associated with all
these trillions in bets is all too real,
appeared impressive on paper, they did not do this story enough service. So to
present, visually this time,
the US derivatives problem, we go to our friends
from Demonocracy, who put the $229 trillion
derivative 'issue' in its proper context. For those curious what a paper
equivalent of bailing out the
