The author doesn't yet grasp that derivatives are zero sum...that $600 Trillion in derivatives simply moved the self-same $1 Trillion back and forth between related parties 600+ times.
Obviously there's not $600 Trillion to "Take Back!"
Identifying $600 Trillion in total trades/contracts is not the same as identifying $600 Trillion in unique wealth.
You all are a little slow at observing whats going on....
We may have room to agree here.
Let's say we're together with the idea that I'm blind and slow, and we can also agree that James Lieber's $600T doesn't exist. Fair enough?