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Comments on: Personal Thoughts on the Market https://hughmcguire.net/2008/10/10/personal-thoughts-on-the-market/ aging idealist. ai and education, open web, open publishing. Fri, 10 Oct 2008 18:14:34 +0000 hourly 1 https://wordpress.org/?v=7.1 By: Hugh https://hughmcguire.net/2008/10/10/personal-thoughts-on-the-market/comment-page-1/#comment-7526 Fri, 10 Oct 2008 18:14:34 +0000 https://hughmcguire.net/2008/10/10/personal-thoughts-on-the-market/#comment-7526 For a $45 trillion valuation in *2007*, see here; for a $60 trillion valuation in 2007, see here (pdf).

My understanding is that money has been flooding out of CDSs since the end of 2007, which is both a symptom of & a reason for the credit surfeit, and financial meltdown.

]]> By: Jason https://hughmcguire.net/2008/10/10/personal-thoughts-on-the-market/comment-page-1/#comment-7525 Fri, 10 Oct 2008 18:02:27 +0000 https://hughmcguire.net/2008/10/10/personal-thoughts-on-the-market/#comment-7525 I think your number is a tad askew. The Credit default swaps market represents $16.4 trillion. The $700 billion represents 4.31% of the total market. http://nomedals.blogspot.com

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