The Derivatives Bubble Will Cause The Biggest Financial Crisis The World Has Ever Seen
The Derivatives Bubble Will Cause The Biggest Financial Crisis The World Has Ever Seen While the world was distracted by the pandemic, the true criminals are quietly organizing a global currency collapse so they can put us under an electronic currency that will fully manifest by the midst of the tribulation.
It is coming!!!! There is NO WAY the Fed can raise rates without putting us into a recession or, more than likely, depression. Print that money!!!
It’s really sad that people can’t see the writing on the wall! The next financial crisis will be bigger than the last one and will wipe out a lot of wealth across the board.
35 Trillion Pentagon accounting black hole announced were quietly last year on the day of impeachment judgment. 35 Trillion in accounting adjustments I kid you not!! A total that’s larger than the entire US economy, And it barely made the print.
And let’s not forget the mother of all bubbles, that is, the derivatives market.Which is a ticking time bomb that no one seems to be talking about. The derivatives market is in a word, gigantic—often estimated at over 2.4 quadrillion dollars .
The top US banks had derivatives with a notional value of about $147.1 trillion backed by interest rates. The 2008 collapse most people think was just a housing bubble.
The reality is that nobody actually knows what exactly caused the crisis, but what do you think subprime mortgage-backed securities are? They’re derivatives. For ten years, the Central Banks have maintained the illusion that all is well. Meanwhile, global leverage has exploded to record highs, with the bond bubble now a staggering $147 trillion in size.
I can’t stress this enough; interest-rate derivatives are making a case for a financial crisis being ahead. Derivatives are dangerous, and they turn into a problem very quickly. For example, the 2008–2009 financial crisis escalated because of derivatives. And now Derivatives thanks to Dodd-Frank, are in line ahead of depositors of checking and savings accounts.
Yes, your checking account is FDIC insured. However, only about 10% of that can be covered by the FDIC. All FDIC insurance is not enough to cover even 1% of the derivatives that will claim it ahead of you. This time around, there are more derivatives in the financial system.
It’s not just the American banks that hold so many derivatives. Others around the world own a lot of them too.
The Derivative Market is screaming, Financial Crisis Ahead.
For the full transcript go to https://financearmageddon.blogspot.com