when you are talking about four banks that each have more than 40 trillion dollars of exposure to derivatives you are talking about an amount of money that is almost incomprehensible.
The Commonwealth of Puerto Rico, a U.S. territory, stands on the brink of a default, with $70 billion in debt, which Wall Street bloodsuckers say, should be paid by imposing brutal austerity on the island’s impoverished population. As the Washington Post very nervously commented on Dec. 1,  a Puerto Rican default “would be far more disruptive than Detroit’s recent bankruptcy filing in July.”
“Nothing is beyond our reach,” reads a motto beneath the world-sucking cephalopod. The logo is the latest in a long line of patches produced for classified military missions that are equal parts menacing and mysterious.
numbers from the Swift system show that the yuan, which in January 2012 held only 1.89% of trade transactions, jumped to 8.66% surpassing the Euro, which has fallen to just 6.64% of Swift transactions. In January 2012, the Euro held 7.87% of Swift transactions. These numbers show that the Euro is on its way to a third world country status.