Debt Rattle, April 8 2008: The end of the road

Ilargi: $945 billion in losses. That's today's number from the IMF. They�ve all known this for a long time, rest assured. They�re just feeding it to you piecemeal, so you�ll keep on borrowing and spending as long as possible. Meanwhile, this means less than 25% of the total has been accounted for so far, and booked as writedowns and losses.I�m willing to bet that as the derivatives start falling