RE: RE: The Crisis deepens ... llihevad Standing back from the trees, I see a forest of too much money, in too few hands and that money is not being productive. A quadrillion $ at risk in the Credit Defalt Swap casino is not a productive use of money. ...nothing is being accomplished in terms of jobs and growth of economies by this. But if these bets fail, as is starting to happen at JP Morgan, the losses will be dumped on the tax payer once again. and the economy will collapse everywhere. Keep in mind that if even 1% of these CDS wagers lose, this represents $10 TRILLION!! That is appproximately the GDP of the US. I repeat, only 1%