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

 
Anonymous Coward
User ID: 78714428
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11/28/2022 04:30 AM
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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


Yep they're intentionally crashing it so they can bring in cdbc's aka economic slavery
Anonymous Coward
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11/28/2022 05:52 AM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
2 quadrillion is a drop in the bucket

They are too big to fail. You will bail them out.
Anonymous Coward
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11/28/2022 05:58 AM
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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


Biden better give billions more to Ukraine then as they will certainly do the same for the USA if the dollar crashes.
Anonymous Coward
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11/28/2022 06:40 AM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
$5 quintillion dollars, OP
Anonymous Coward
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11/28/2022 07:06 AM
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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's all imaginary.

All they've got to do is to revalue it.
Anonymous Coward
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11/28/2022 07:08 AM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Most cancel each other out dumbass. No crisis unless a large player can’t pay a bet. Like you are seeing in crypto. That’s where the real imbalance and problem is. Global markets are fine as you can see. Please stop these ignorant posts that show you have no background in finance and accounting.
stopposting1
Hyper Star  (OP)

User ID: 77890259
Israel
11/28/2022 07:12 AM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
$5 quintillion dollars, OP
 Quoting: Anonymous Coward 80197263


That is actually realistically possible... Why? Remember Lehmanss? They had no idea about there own financial structure when questions. No auditor could work out what wea coming in. Or going out... Big mess. Huge mess. And thanks to 1971 and 2008. Especially 2008. And Clearly end of 2019... The west's collapse is imminent. The M1 money supply has never seen anything like it history. God knows how so many people are currently blinded.

Put it this way... It's absolutely impossible for the west not to fully collapse...

Just take a look at this... Then x2 for the M1 velocity. Then double count it towards the GDP...

Then add the over leverage of banks... And all those derivites... And anything else that I haven't mentioned...

You see... It's just a matter of time now...

https://imgur.com/a/II27gkY

Pray for the peace over Jerusalem.
Hyper Star  (OP)

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11/28/2022 07:13 AM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Most cancel each other out dumbass. No crisis unless a large player can’t pay a bet. Like you are seeing in crypto. That’s where the real imbalance and problem is. Global markets are fine as you can see. Please stop these ignorant posts that show you have no background in finance and accounting.
stopposting1
 Quoting: Anonymous Coward 84836542


Global markets are not at all fine...
Pray for the peace over Jerusalem.
Hyper Star  (OP)

User ID: 77890259
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11/28/2022 07:23 AM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Most cancel each other out dumbass. No crisis unless a large player can’t pay a bet. Like you are seeing in crypto. That’s where the real imbalance and problem is. Global markets are fine as you can see. Please stop these ignorant posts that show you have no background in finance and accounting.
stopposting1
 Quoting: Anonymous Coward 84836542


Global markets are not at all fine...
 Quoting: Hyper Star


Just a small example of this is things like iherb. Sooo many products out of stock. And prices have gone up excessively.

Also. The supermarkets here are not buying new stock if the supermarkets have to put up prices. This is a looming situation. As the supermarkets are now afraid to put up prices. As things re crazy expensive here already.

I paid $4 USD for a can of black cherry soda by Dr. Brown. I even have a photo and receipt next to it.
Pray for the peace over Jerusalem.
Anonymous Coward
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11/28/2022 07:25 AM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
The amount of money and debt in the world has long surpassed the entire wealth of the Earth (including intellectual property).

It all has been imaginary for decades.

Money and debt is a faith-based system. We can sink with it if we believe in it... or we can choose not to believe in it and find that the nightmare was never real.
Anonymous Coward
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11/28/2022 08:10 AM
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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 79571087


GOOD TIMES. UH
Tips

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11/28/2022 08:22 AM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
There is 2.2 trillion in currency in circulation, liquid cash, if digital money like bitcoin or digital dollar go away, you are left with a real money system that can be backed by Gold and silver. It will be a Cyber attack or Bail-ins or EMP but when digital money goes away so does debt.

Cash money
Gold
silver
will all be in short supply

Our Government can back 2.2 trillion in cash but not 200 trillion in debt on digital debt.

Now you see why FTX was a plan to take down Crypto currencies
letting people know digital money has no value.

This will be the biggest deflationary event in history where everything will lose value!

This is the RESET

You can't make something out of nothing!

It's sad that every-bodies hard work will be counted as nothing, cause now you don't even get a paycheck you can cash, you just get some digits added to your account that can be taken away at any time.

Bail-ins
Tips

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11/28/2022 08:28 AM
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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's funny, we won't believe in a God we can't (but can feel in the Holy Spirit) but we will believe in money that we can't see or feel or touch!
Anonymous Coward
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11/28/2022 08:39 AM
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Re: Banks are over leveraged $2 quadrillion dollars in derivatives. A crash is imminent & the economic fallout will be horrific.
Thread: RETAIL MALTDOWN : MAH ~ KET CARSH CYBUH MONDAY !
Anonymous Coward
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11/28/2022 11:18 AM
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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


There’s only $2.3 trillion in circulation in the entire world and supposedly Americans have $18 trillion in deposits. Try to get your money out of the bank during a run.
Anonymous Coward
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11/28/2022 11:22 AM
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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've been expelled from a 109 countries... who are they?
Anonymous Coward
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11/30/2022 02:00 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.
Moved my 401k into cash. After reading this post, maybe I should have taken it out of the bank entirely and bought bitcoin.
Anonymous Coward
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12/11/2022 09:42 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.
HOW CAN THIS PERSON NOT BE CORRECT?...SOMEDAY..?





GLP