Yes. According to the BIS there are over $800 trillion in outstanding derivatives, and the number is about 3x that if you include synthetic trades. Almost 1/3 of that is interest rate swaps.
They argue that their net exposure is close to zero, but when your counter-parties start taking massive losses, everyone has to raise margin requirements and then the route is on. Net exposure becomes gross exposure very quickly. This is Bear Stearns on steroids.
It is entirely likely that this is part of the plan for the World Economic Forum's Great Reset.
For clarification, after re-reading our posts, I'm not necessarily saying that WSB was part of their plan so much as that they have a plan to implode the markets (create a crisis) and then step in with their ready-made "solution" that somehow always looks a lot like a Dictatorship.
Their desperation in combatting the WSB Squeeze (that deserves capitalization) in the open in a blatantly illegal manner would seem to support your opinion.
I just think they're devious enough to have concocted the whole thing, so I'm keeping that possibility open.
Yes. According to the BIS there are over $800 trillion in outstanding derivatives, and the number is about 3x that if you include synthetic trades. Almost 1/3 of that is interest rate swaps.
They argue that their net exposure is close to zero, but when your counter-parties start taking massive losses, everyone has to raise margin requirements and then the route is on. Net exposure becomes gross exposure very quickly. This is Bear Stearns on steroids.
It is entirely likely that this is part of the plan for the World Economic Forum's Great Reset.
mostly agree, but no way is the WSB squeeze part of any "great reset" plan. This totally upset the plan.
For clarification, after re-reading our posts, I'm not necessarily saying that WSB was part of their plan so much as that they have a plan to implode the markets (create a crisis) and then step in with their ready-made "solution" that somehow always looks a lot like a Dictatorship.
Their desperation in combatting the WSB Squeeze (that deserves capitalization) in the open in a blatantly illegal manner would seem to support your opinion.
I just think they're devious enough to have concocted the whole thing, so I'm keeping that possibility open.
You are likely correct.