“How deep is the abyss?”
Until a Democrat is elected, only Democrats paying non-producer’s bills with someone else’s money will do.
BIS (Bank of International Settlements) reports about $600 TRILLION of notional obligations which could come due at any given moment. Apparently BS was going under because of this (14 trillion) which was beginning to unwind. Given to Morgan-Chase (who had about 70 trillion). Notional value becomes actual value upon demand performance by the purchacer of the derivitive. If performance is impossible, then those in line become victims. This is very dangerous gambling. Totally irresponsible.