Well on a swap, there really is no leveraged value because the notional is never exchanged. You and I could take positions on a swap now, with a notional of any figure we choose regardless whether either of us has or requires to have that much capital. The contract value is the value likely to exchange hands over a period of time. It might even be zero.

On debt, it's the value at risk from originator to principle, not everyone in between, that should be counted in official statistics. When someone wants to make a headline, they'll aggregate all the debts and come up with whatever figure sounds awesome. $900 trillion... sounds like a lot. It is. It's BS.

After reading these past few pages, I can easily confirm that Zoolook is a much more intelligent human being than Prostreetcamero.

That's not exactly a huge compliment... it's a bit like saying Mother Theresa is a bit nice than Hitler.

She was kind of a bitch though and a tool used and thrown out by the catholic church.

A fact I love about her is that she lost her faith! Catholics really seem to hate that when I tell them.

Over here in the UK TV rules do apply to the internet. We need a TV licence to watch live TV on the internet and have to follow the TV rules while on the internet. They are different but the rules cross over which. I only posted this as TV/Internet and BBC all got mentioned.

Breaking the TV rules on the internet is a great way to get a fine. (In the UK)