Actually, the 1,3 million figure is the feelgood summer hit rosy glasses scenario because it doesn't take into account the CDS payout in case of a credit event. The real figure, meaning the payout in the derivatives and CDS markets where there is no control or regulation, is unknown and estimates put it to tens of trillions. The entire world banking system would go MF Global. It's the biggest scam in the history of the world. The banksters issued and sold trillions worth of CDS to suckers, including to each other, for a crisis they created, which they would never pay because they call the shots on everything, including what is a default and what isn't: http://www.globalresearch.ca/index.php?context=va&aid=29411http://www.24hgold.com/english/contributor.aspx?article=3813556514G10020&contributor=Jim+Willie+CB
I think you mean bears rather than bulls
Very large x.5.4 solar flare WITH earth directed coronal mass ejection on way now . Looks like it may just graze earth but rough calcs indicate maybe southern hemisphere hit PROBABLY over Australia based on predicted arrival time. (GMT 0:30 8 March ie Dark in UK Sunny in Oz)This is the 2nd largest solar flare in cycle 24.Speed of these things has been a bit screwy lately (ie sometimes MUCH faster than they should be), HF radio blackouts are predicted as a minimum consequence. Get ready just in case....
Most powerful flare to hit us yet?Due March 8/9thhttp://www.space.com/14817-geomagnetic-storm-solar-flare-tempest-video.html
Anonymous @ 12.44To put things in perspective, the most powerful solar flare "recorded" was an X28 in 2003 (yesterdays was an x5.4). The worst thing about the 2003 one was the sun was dark and quiet. It happened out of the blue, but fortunately was pointed away from earth. Anything X is bad, but it can be worse. The bad news comes from direction. The sun being spherical means they can shoot in any direction. Only a small percentage ever hit earth. The ones to watch are the ones that head towards us AND have a CME behind them like this one (ie the red/orange stuff from the sun). That's never good!
News flash: the inevitable happened.
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