Visualizing an Economic Article



This picture is a visualization of the contents of the economic article
TIMELINE-Diary of a meltdown: how the Archegos Capital fire sale went down here.


Click sequentially, from top to bottom, on the three buttons below the Money Pump to see the story unfold.

When the dollars don't move, click on this sentence to refresh the page.


THE STORY

read the transcript of the audio



Money Pump

controls the flow of money

pump
Archegos
Hwang

Bill Hwang

bank1
bank2
bank3
bank4

THE TIMELINE

rising stock value motivates
Hwang to keep borrowing

honest implementation
that never happened

dishonest implementation
that caused the fire sale

The Money Pump is this
Total Return Swap Agreement.


Clause 1
When the price of the stock goes up,
the Banks pay cash to Hwang.



Clause 2
When the price of the stock goes down,
Hwang pays cash to the Banks.

(same Agreement with each Bank)


EXAMPLES OF THE MAGNITUDE
OF THE FIRE SALE


Goldman Sachs: $10 billion
Morgan Stanley: $8 billion
Deutche Bank: $4 billion



When SeeTheDollars becomes an app, anyone can create economic visualizations all by themselves. When that happens, authors, reporters, and whoever, can add a visualization to what they want to say about the the economy. When they do that two things may happen:
(1) Their viewership/readership may increase, and
(2) their narrative spreads among people without distortion.

I always wanted to tell my friends about an interesting economic article I read, but I didn't have the words. If I had the line diagrams created by the author, I could have shown them that and they would have right away understood the gist of the article.



Just imagine. Budget negotiations being carried out with SeeTheDollars diagrams displayed on large monitor screens on the House floor and at the same time being posted on social media for everybody to see how Congress is proposing to spend our money. It’s enough to take your breath away.



© 2026 Demetrios Voreades. All rights reserved.