$2.2 trillion? In reality, Tyler Durden, Mike Shedlock, Edward Harrison, Reggie Middleton, Max Keiser and many other savvy financial commentators would put the number closer to $20-40 trillion in bad debts. And they say that one of the main problems with the world economy is that the banks are hiding the real amounts of their debts (and the fact that they are totally insolvent), so that they can have the taxpayers bail give them a number of bailouts.
In other words, the big banks are saying, "The economy is unexpectedly not doing well, so we need another bailout."