The can be no final bailout for the banks as the losses on the bursting asset bubble are many times greater than the GDP of the USA.

The worlds largest bank is essentially insolvent (a regional bank registered in Edinburgh, Scotland called Royal Bank of Scotland), the bailout measures are purely just confidence exercises to buy time to implement other measures. An example of the asset bubble can be seen here by just looking at the RBS balance sheet.

http://finance.yahoo.com/q/bs?s=RBS&annual

The Assets and Liabilities valuations are astounding. Total Liabilities are £3,689,973,801,000 or around $7.4 Trillion @ end of the December 2007 accountancy period with the exchange rate then around $2 to the £. So a Scottish regional bank has liabilities which are a good proportion of the total US National Debt. Of course this figure is balanced by the Assets of £3,795,906,599,000 (valuations before the Asset bubble burst). Of course these Asset valuations may well turn out only be worth a few cents on the dollar, only time will tell on how bad the losses will be as the real economy depresses and how it impacts on the historic exponential monopoly money asset valuations on the RBS balance sheet. Now multiply this effect over and over again as each bank was found to playing exactly the same game in the asset bubble. A complete banking collapse for the global economy has quite a high probability as time progresses.

As you can see even the Trillions of dollars being pumped into the financial system by the US Government and governments around the world is small change compared to losses which may have already occurred when the asset bubble burst for just one Regional bank based in the UK. It has now just come to light that the folks running RBS and all the other major banking institutions in the UK have no formal banking qualifications.

Any bailout of the financial system will not work because it is broken beyond repair. It really is beyond any Government actions to fix the problem. The feedback from the real economy into the asset bubble has not even really started, the full effects will not be known for at least 10 years.

The 1930s depression could pale in comparison to the problems everyone faces today.

I would take seriously the words of Mr Orlov simply because he has 'been there, done that' during the economic collapse and eventual breakup of the old Soviet Union during the 1990s.