Facing the finalcial abyss.

It is hard to grasp the numbers that circulate in the world's financial system. That's why the post by Egon Von Greyerz on KWN is a jaw dropper. Mr Greyerz is the Founder and Managing Partner of the Matterhorn Asset Management of Switzerland. He cites S&P that corporate financial needs in the next few years total $30T. According to Greyerz, derivatives now total $1.1 Qquadrillion, of which JP Morgan has maybe $70T maybe $100T. And their recent loss in derivatives  speculation is $8B, maybe $100B. Love the way these folks toss around ranges, like money meant nothing. How much of the JPM loss is due to trying to manipulate the silver price?

Greyerz estimates the financial hole as $100T deep.How much of that will be printed and when is what will drive world finances and economies in the near future.