Afternoon Delight 04/19/12 - One Simple Picture

OK, I saw this and that was it. This is all you need to see today. I hope this gets into your head - A picture tells several hundred trillion words (or more) -

"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 US derivatives market would look like, now you know." The Mother Of All Infographics: Visualizing America's Derivatives Universe | ZeroHedge

Click on this link for the best view - Click it!

Derivatives - The Unregulated Global Casino for Banks