Its your claim, you get to provide the evidence to back it up.
$205 Trillion in Unfunded Liabilities
There are various estimates on the exact number, but sure.
And don't forget about this:
I absolutely agree that Bretton Woods contributed to the 70's oil crisis, because oil was (and is) sold in dollars. But it is also fact that OPEC retaliated against the west for support of Israel.
Those graphs don’t provide useful information without including the size of the GDP and the government’s percentage of the GDP.
It’s easy to make the sheer size of the debt look scary when compared to the past. It won’t look as frightening when the debt is compared to the size of the GDP. The ratio is more important than the quantity.
The largest number I'd heard so far was around $100-110 Trillion, much of it Credit Default Swaps.
When a swap derivative based on Lehman Bros. crossed the market at 20 cents on the dollar, is when AIG trading stopped and every major money-center and investment bank in the world went broke. Thereafter, they were fiercely pumped up with fiat money and declared solvent by, again, fiat.
That's my understanding of it, anyway. But what do I know?