Don't ignore the Quadrillion dollar elephant in the room

This is an old post I originally posted somewhere else:

I don't understand the post below but the word "Quadrillion" sounds like a big number: "they are all missing the Quadrillion Playing Submerged Elephant in the Room! This elephant has spawned Eight Bubbles that are collapsing simultaneously as another Giant Bubble -- Government Debt -- is inflated to take away the full buffetting of their simultaneous burst! It is worth noting that the trans-national play of derivatives has grown from USD 1.144 Quadrillion to USD 1.405 Quadrillion, ie, +22% worldwide." http://www.intent.com/blog/2009/04/24/quadrillion-playing-submerged-elephant-room

Update: Here is another post that uses the word quadrillion: "Last year DTCC settled $1.88 quadrillion in securities transactions across multiple asset classes. We essentially turnover the equivalent of the U.S. GDP every three days." http://zerohedge.blogspot.com/2009/06/biggest-financial-company-you-have.html

The Japanese national debt is almost 1 quadrillion yen:
http://www.yomiuri.co.jp/dy/national/T111021004576.htm