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Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.

 
Barry Miacockener

User ID: 64410307
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11/27/2022 06:00 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Two quadrillion dollars is the total notional value of derivative contracts off-balance sheet. Need collateral.


 Quoting: Hyper Star


how many ounces of silver will buy me a house?
 Quoting: Barry Miacockener

Your garage filled to the brim.
 Quoting: Anonymous Coward 84633454


wtfdid
Hyper Star  (OP)

User ID: 77890259
Israel
11/27/2022 06:00 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
IMF Bail-in guide. PDF

[link to www.imf.org (secure)]

Last Edited by Hyper Star on 11/27/2022 06:02 PM
Pray for the peace over Jerusalem.
Anonymous Coward
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11/27/2022 06:01 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Greed & illusion with no tangible wealth
Anonymous Coward
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United States
11/27/2022 06:04 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Not for me. Every egg in my basket, glistens like .999 AG
Anonymous Coward
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11/27/2022 06:09 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
It had to crash eventually. It's inevitable
 Quoting: Anonymous Coward 82525482


This is a financial war that is designed to destroy the world economy. Look at the top of the list…too big to fail and that means a bailout.
Anonymous Coward
User ID: 84638582
Hong Kong
11/27/2022 06:11 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
CBDCs. The fiat ponzi is coming to an end. All hail cashless societies.
 Quoting: Fir3fly


that is what they are going for.

Its called the great reset

it really means great depression
Anonymous Coward
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11/27/2022 06:15 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Two quadrillion dollars is the total notional value of derivative contracts off-balance sheet. Need collateral.


 Quoting: Hyper Star


how many ounces of silver will buy me a house?
 Quoting: Barry Miacockener


At today's prices, a house valued at $210,000 would take 10,000 ounces of silver.
Anonymous Coward
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11/27/2022 06:16 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
XRP

XLM
BrainGuy, MAGA Republican
White heteropatriarchal Christian nationalist

User ID: 84804751
United States
11/27/2022 06:17 PM

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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
That's a big Twinkie.

cig
---------------
Don't care.
Still voting Trump!
t5a
----------
Hyper Star  (OP)

User ID: 77890259
Israel
11/27/2022 06:18 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
So this Is the end?...

Maybe the nation's/Central banks, are gradually losing control over its monetary slaves...
Pray for the peace over Jerusalem.
Anonymous Coward
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United States
11/27/2022 06:18 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
They did this ON PURPOSE!

Bitcoin was a fabrication with a fabricated inventor so they could attract the "hacker mentality" types who would then put it through various tests since its public release.

By INTENTIONALLY collapsing currency, people will demand a solution and digital currency will be their solution.

Problem, Reaction, Solution.
 Quoting: Anonymous Coward 76115604


gasp
Hyper Star  (OP)

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Israel
11/27/2022 06:20 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
1929-1938... Well really 1929-1945...

Sounds like 1929 again... Share buy backs...

Seriously. This is unbelievable. As if no one in the finance world couldn't see this coming?
Pray for the peace over Jerusalem.
Anonymous Coward
User ID: 80649630
United States
11/27/2022 06:21 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Two quadrillion dollars is the total notional value of derivative contracts off-balance sheet. Need collateral.


 Quoting: Hyper Star


Foreclose
Your friend
God
Btw enjoy your money in oblivion bankers
Anonymous Coward
User ID: 84833273
United States
11/27/2022 06:21 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
banks just add zeros and everything is OK.

But a fake bank run will be played out, and banks will steal the savings of account holders in a legalized theft called a "bail-in" which governments around the world have OK'd

It will be the greatest theft of wealth since 1929.
 Quoting: Anonymous Coward 44574424


it's not the banks, its' the homeless people ,they are stealing everything
Anonymous Coward
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11/27/2022 06:22 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
 Quoting: Anonymous Coward 84094826
Anonymous Coward
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United States
11/27/2022 06:23 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
So this Is the end?...

Maybe the nation's/Central banks, are gradually losing control over its monetary slaves...
 Quoting: Hyper Star


more like they have more control over them than ever.

they are so unsophisticated they could never understand any of the techniques they are enslaved by.

all they understand is property, ownership, the rich own, they don't own.
Hyper Star  (OP)

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Israel
11/27/2022 06:25 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
So this Is the end?...

Maybe the nation's/Central banks, are gradually losing control over its monetary slaves...
 Quoting: Hyper Star


more like they have more control over them than ever.

they are so unsophisticated they could never understand any of the techniques they are enslaved by.

all they understand is property, ownership, the rich own, they don't own.
 Quoting: Anonymous Coward 84833273


You have a very good point actually... Only few understand macro economics etc...
Pray for the peace over Jerusalem.
Anonymous Coward
User ID: 84833273
United States
11/27/2022 06:25 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
work-neggars don't care how many quadrillion the banksters steal. all they understand is work good, obey good, police good. jail bad. poor bad.
Anonymous Coward
User ID: 76806476
United States
11/27/2022 06:26 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Two quadrillion dollars is the total notional value of derivative contracts off-balance sheet. Need collateral.


 Quoting: Hyper Star


Good. I hope the "upper middle class" loses their shit over this and ends up poor. Maybe then they'll fucking wake up.
Anonymous Coward
User ID: 67325198
Canada
11/27/2022 06:27 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Lol it's notional, not the actual amount owed on the contract.

For example I enter into a 1 billion dollar swap vs the bank. If my swap payout is 5% they pay me 5% of a billion even though the contract is 1 billion notional.

When they say quadrillion they mean notional
Anonymous Coward
User ID: 84833273
United States
11/27/2022 06:28 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
So this Is the end?...

Maybe the nation's/Central banks, are gradually losing control over its monetary slaves...
 Quoting: Hyper Star


more like they have more control over them than ever.

they are so unsophisticated they could never understand any of the techniques they are enslaved by.

all they understand is property, ownership, the rich own, they don't own.
 Quoting: Anonymous Coward 84833273


You have a very good point actually... Only few understand macro economics etc...
 Quoting: Hyper Star


obviously they don't teach you the science of slavery at your university. but the global gangsters have it down to literally to the penny exactly how much they can steal from you before you violently revolt and do something that matters.
Anonymous Coward
User ID: 67325198
Canada
11/27/2022 06:29 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Lol it's notional, not the actual amount owed on the contract.

For example I enter into a 1 billion dollar swap vs the bank. If my swap payout is 5% they pay me 5% of a billion even though the contract is 1 billion notional.

When they say quadrillion they mean notional
 Quoting: Anonymous Coward 67325198


Also they're trying to scare you about a crash so you don't invest and get rich. They'll tell you to invest at the top when the rich are unloading their shares to the suckers.
Anonymous Coward
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United States
11/27/2022 06:30 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Who cares. Get your own affairs in order. Stop being part of the problem. It’s your money. Put it where your mouth is. Easy…..
Anonymous Coward
User ID: 80073096
United States
11/27/2022 06:32 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Got Ukraine Tunnels?
Anonymous Coward
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Mexico
11/27/2022 06:32 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
They did this ON PURPOSE!

Bitcoin and all cryptos was a fabrication with a fabricated inventor so they could attract the "PM investor mentality" types to convince for easy fast profit and attract another greedy public .

By INTENTIONALLY collapsing private cryptos and exchanges, people will demand a solution and CENTRAL BANKS digital currencies will be their solution.

Problem, Reaction, Solution.
 Quoting: Anonymous Coward 76115604


more likely....
Anonymous Coward
User ID: 84829968
United Kingdom
11/27/2022 06:33 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
banks just add zeros and everything is OK.

But a fake bank run will be played out, and banks will steal the savings of account holders in a legalized theft called a "bail-in" which governments around the world have OK'd

It will be the greatest theft of wealth since 1929.
 Quoting: Anonymous Coward 44574424

i cant see it ending well, for them
Anonymous Coward
User ID: 76806476
United States
11/27/2022 06:33 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
So this Is the end?...

Maybe the nation's/Central banks, are gradually losing control over its monetary slaves...
 Quoting: Hyper Star


more like they have more control over them than ever.

they are so unsophisticated they could never understand any of the techniques they are enslaved by.

all they understand is property, ownership, the rich own, they don't own.
 Quoting: Anonymous Coward 84833273


You have a very good point actually... Only few understand macro economics etc...
 Quoting: Hyper Star


obviously they don't teach you the science of slavery at your university. but the global gangsters have it down to literally to the penny exactly how much they can steal from you before you violently revolt and do something that matters.
 Quoting: Anonymous Coward 84833273


No matter how much the global banksters steal from the public, the public will do NOTHING. If they had the common sense or integrity to do anything they would have done it decades ago.
Anonymous Coward
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United States
11/27/2022 06:34 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
your children, within this generation will wear carbon meters on their faces and have to pay for their air.

and they will adopt carbon morality. they will be encouraged to report air theft to the police. people who take their masks off....the first time, it will be a misdemeanor, and they must work for a month as penalty. because your gracious rulers are too good to you.

the second time you are caught without your mask, you will be raped to death in prison, and people will be disgusted by you for making them do this to you
Anonymous Coward
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Canada
11/27/2022 06:36 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Two quadrillion dollars is the total notional value of derivative contracts off-balance sheet. Need collateral.


 Quoting: Hyper Star

That right there shows a little over 2,2 trillion not a quadrillion

2,2 trillion is 2200 billion
 Quoting: Anonymous Coward 84633454


That some of the new math you got there?

Jp Morgan has 57 trillion by their lonesome.
Anonymous Coward
User ID: 84833273
United States
11/27/2022 06:36 PM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
this carbon shit is like the COVID shit, you laugh and it seems to ridiculous but these people are wayy more evil than the normie comprehends. and there are so many evil people now, they reproduce through sodomy or something.

more and more exploiters, who need more people to exploit, and when they can't find enough they get angry and start killing their worker bitches





GLP