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Message Subject
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War and Covid are the excuse for the coming financial collapse
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Poster Handle
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Anonymous Coward |
Post Content
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[ link to www.zerohedge.com (secure)] "As I warned in last week’s article on Archegos and Credit Suisse, investment banks have created a timebomb with the $1.5 quadrillion derivatives monster. A few years ago, the BIS (Bank of International Settlement) in Basel reduced the $1.5 quadrillion to $600 trillion with a pen stroke. But the real gross figure was still $1.5q at the time. According to my sources, the real figure today is probably over $2 quadrillion."
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