I did a web study on the _value_ of everything in the world; found nothing comprehensive but a reasonable estimate seems to be $1 Quadrillion (1,000 Trillion).
Cloward and Piven would happily point out that derivatives will truly “collapse the system.”
So somehow, money-center and investment banksters found a way to float debt instruments and securities on 20% of absolutely everything that is worth anything on the planet.
How in the hell did they do that? They don't have title!
Then they pocketed fees .... took bonuses .... took capital-gains treatment on their comp packages .... and drove down to the yacht basin in their Lamborghinis, to hoist hook and get underway for Cayman Brac and untouchability.
Another Gazillion dollars to bail out this mess?