Al-USA

IBD: 1930s DOW vs NASDAQ Correlation

The other force behind the financial crisis is the wild-west financial speculative $70 trillion derivatives market. The Lehman bankruptcy put this $70 trillion derivatives market into a falling domino effect that threaten to bring down the global financial system. That is why Europe did not let their institutions fail, b/c it would bring down the $70 trillion derivatives markets which would obligate the counter parties to cover or settle their (insurance) derivatives and that would be a "problem" b/c who has $70 trillion?

More information on the money creation process below:
Indeed, we do not need any intermediary banks except to perpetuate the strangle-hold the elites of the elites have on the country. I don't remember who made this quote but it went something like this:

Give me control of the money creation structure of a nation, and I don't care who makes its laws.

This crisis has exposed the now not so "invisible hand" of the market...

I recommend the link below for a more thorough explanation of the questions, "where does money come from?".

video.google.com/video...