British investors end up with net financial and other assets (mostly bonds) equivalent to 6% of GDP.
FORBES: Mind-Bending Idiocy Is The Reason We Don't Have A Gold Standard Today
Financial panics destroy consumer spending by eating into everyone's net worth, evenly split today between homes and financial assets.
FORBES: Magazine Article
When the FDIC and regulators went in audited these financial institutions, they found the net worth had been generated by inflared valuations of assets held as collateral for loans.
FORBES: J P Morgan Breached its Risk Limits More Than 330 Times in 2012
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