Thursday, August 6, 2020
👉The Truth About The 2.5 Quadrillion Derivatives Bubble
👉The Truth About The 2.5 Quadrillion Derivatives Bubble
The next financial crisis will be bigger than the last one and will wipe out a lot of wealth across the board. There is a 35 Trillion Pentagon accounting black hole. That was announced quietly. 35 Trillion, I kid you not!! 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 are the Unregulated Global Casino for Banks. The top U.S. banks had derivatives with a notional value of about $147.1 trillion backed by interest rates. Bank of America has a derivative exposure of $50.135 Trillion . Bank of America is sticking the tax-payers with a MASSIVE bill by moving derivatives to accounts insured by the federal government at a total of $53.7 trillion. Bank of America also received a SECRET $1.344 trillion bailout from the Federal Reserve. Citibank has a derivative exposure of 52.102 Trillion dollars. Goldman Sachs has a derivative exposure of 44.192 Trillion dollars. JP Morgan Chase has a derivative exposure of 70.151 Trillion dollars. $70 Trillion is roughly the size of the entire world's economy. 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. Also, Consumer debt as a percentage of GDP is now at a record HIGH. We now are at 19% consumer debt to GDP. We were only around 17-18% prior to the last meltdown! The debt doom loop continues. In the case of a financial crisis, you could bet that asset prices will tumble across the board. So, it may not be a bad idea for investors to have some protection for their portfolios. Gold does a great job of storing wealth and could be a great hedge against a financial crisis. This situation is like the Titanic, holed below the waterline; the water keeps pouring in quicker than the water can be extracted out. Eventually, the volume of the water pouring will bring the entire ship down. The Titanic is sinking in an ocean of financial debt, yet the orchestra keeps on playing, everything is OK, don't worry folks; this ship is too big to sink. This is Crazy. The Federal Reserve just announced that it will now extend its REPO operation until at least the end of February. Remember, they had said their REPO operation would end MID-February. Well, so much for that! My viewers ALREADY KNEW it would not. This is a QE more than ever. The Markets on crack again; nothing will stop these markets. If the markets keep going up on such continued rising stimulus of $80 billion a month on average, these markets on crack scenario will continue to accelerate. The virus is the black swan now. , forget about a black swan, get ready for a flock. We make nothing in America, Ford already scrambling to find parts for production, Wallmart will stay open until they run out of stock same with Amazon. Amazon has a supply line problem in 3 or 4 weeks. Could the Government also be planning to say at some point that the debt is so great, it cannot support Medicaid or Medicare or Social Security payment anymore? Or, perhaps say they have to limit payment of any or all of them because of the debt? This will be the point when the sheep wake up. The long-held, steadfast promises of the government will come to the surface as the lies they have always been. A government that lives by secrecy, and corruption will eventually be outed and destroyed. Audit, expose and end the Federal Reserve. For the moment, the financial markets continue to remain completely disconnected from the hard economic data, but as we saw in 2008, the markets can plunge very rapidly once they start catching up with the real economy. Warren Buffet has 140 billion dollars stacked up, ready for the next crash. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to smash that like button. And as You know friends, I rely totally on your donations to keep this channel functional, as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. The stock market is in a sucker's rally now, as the smart money already got out and is buying gold. I suspect a major crash this year of 90% or more, primarily caused by worthless currencies but in no small measure by the demise of Chinese manufacturing. I've been anticipating a stock market crash. Now, the Fed is throwing everything at it, including the kitchen sink, to prop it up. I have come to the conclusion that they will do absolutely ANYTHING to prevent this from happening. Now I think that we will see a currency crisis on a global scale. We are currently living through a GLOBAL CURRENCY RESET that includes gold, silver, and the cryptos. Everything else paper-based is a complete ILLUSION. At this point, it is 100% gambling. Longs gambling that fed will elevate this market, shorts gambling the market will come back to reality. It's such a silly game, but it also affects our livelihood. The entire system is a scam, almost like the Casino odds are rigged to favor the Casino, and those smart enough to count cards are Not allowed to play. The system is actually a detriment to the masses, and helping a few do well, falls far short of helping the masses. We need to take control of this Republic...eliminate the FED system that allows the elite to control the money supply to their benefit and use a science or resource sourced system to be more in harmony with nature and the planet. To make absolutely certain that the Fed becomes the lender and buyer of last resort, a MULTI-DECADE Plan- a deliberate act, budgets are pricing in an EPIC debt expansion. NOTHING could make the Federal Reserve happier... My dear viewers, this is your quarterly warning that Uncle Sam is not a good steward of your money. The total amount now for the global Derivatives market is Over 2.4 Quadrillion dollars and counting. Yeah, just think about that number for a minute. Quadrillion dollars. Derivatives fall into many categories from futures, options, credit default swaps, and any complex combinations of these. They can also be used to wager, bet, and spectate on a market move or direction. The general risk is simple. If you start seeing defaults (particularly credit events), these derivatives have to start paying out. Then the derivatives of the derivatives involved in the defaults will also have to start paying out. See the snowball effect? These defaults are sometimes taken to court to determine the wording of what to call them because of the derivatives behind the default. i.e., is it a credit event or not. Currently, defaults are generally low, so these derivative payouts are nothing more than bankster games in the shadows. This is one of the reasons you see The Atlantis Report always harp on subprime problems because that is where the most money is currently made involving derivatives, but it is the most dangerous to the markets we know as 2008 showed. Subprime is the canary in the coal mine. That's where it will likely originate if it implodes, again. The worst-case scenario is that the payouts will exceed the total available liquidity. It would be immediate panic leading to depression because of the liquidity crunch. The cash market available, your production market available, and the investment market available. Clearly isn't enough to cover the possible implosion of the derivatives market. The rub is that if the derivatives blow up, then the money is gone. Remember that debt paid or defaulted means the money that it represented is gone. So all the money that savers have would be useful in helping to rebuild the markets and businesses, but the FED will loan money out for cheap to the gamblers that broke the system so the saver's money will also be cheap. If you have savings, you lose. Here is the best way to think about it: A derivative is like some of the crazy side bets you see take place in sporting events. But because everyone knows these are very wild bets, you have to provide collateral. In the derivative industry, you can use other derivatives you are carrying as collateral - this is why there can be so many magnitudes of Collateralized Derivatives even though there isn't that much collateral in the entire solar system. So back to the original illustration. Would your bookie accept as collateral other bets you have on? Nope - cause he ain't stupid. But the Fed is that stupid and is backing all of this mess by throwing billions daily into the repo and treasury market. At some point, the bets will be wrong and come due - there is no collateral that is not also pledged a hundred times over. So someone defaults and doesn't pay their bet. That's when the wheels come off because that will cascade through the entire system. This is why the fed will not publish who are the bad banks that are sucking on their repo window. Because what will happen is people will realize that bank is in trouble, and they are counterparty to a hell of a lot of our derivatives. We need to close those trades now. The next financial crisis will be bigger than the last one and wipe out a lot of wealth across the board. 1) No one really knows exactly when a crash will occur, but there are cycles we can get rough ideas from. 2), be ready with research and cash so that you can buy companies on sale when there is a recession. We are run by the elite criminals worse than any mafia. There is no government in the world that has this kind of money. This is roughly three times the entire world economy. The unregulated market presents a massive financial risk. The corruption and immorality of the banks make the situation worse. If you don't want to bank with these banks, but want to have access to free ATMs anywhere-- most Credit Unions in the USA are in the CO-OP ATM network, where all ATM's are free to any COOP CU member and most support depositing checks. Credit Unions are like banks, but invest all their profits in giving members lower rates and better service. They don't have shareholders to worry about or have derivatives to purchase and sell. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels, I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!
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“once a standing army is established, in any country, the people lose their liberty.”
George Mason
“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger
“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger
"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin
The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin
Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?
PHILIP ZIMMERMAN, DER SPIEGEL
“Some call it Communism, I call it Judaism.”
Rabbi Stephen Weiss
“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941
Taxing People is Punishing Success
UNKNOWN
There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki
The Tax you pay is The Bill for Staying Stupid
Stefan Molyneux
“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus
The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros
"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.
This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.
By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."
USA Banker's Magazine, August 25 1924
Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN
Taxation is legalized Theft
UNKNOWN
"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker
Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....
Bob Dylan
"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich
There is NO political answer to a spiritual problem!
Steve Quayle
Political Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon
The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow
When People lose everything and have nothing left to lose , They Lose It !
GERALD CELENTE
Your Greatest Teacher is Your Last Mistake
DAVID ICKE
The one who Controls the Education System , Controls Perception UNKNOWN
"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."
Albert Einstein
UNKNOWN
No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN
Freedom is not Free
UNKNOWN
Don't Steal The Government Hates The Competition
Ron Paul
"Buy The Rumor , Sell The Fact " Peter Schiff
You can love your Country and not your Government
Jesse Ventura
" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck
"Tyranny will Come to Your Door in a Uniform "
Alex Jones
"The Government is not The Solution to our Problems , The Government is The Problem "
Ronald Reagan
"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato
The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo
"The people should not fear the government for it is the government who should fear the people" UNKNOWN
"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN
"They don't control us , We empower them " UNKNOWN
"Serial Killers do on a Small Scale What Governments do on a large one..."
Serial Killer Richard Ramirez
"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."
Thomas Jefferson
Albert Einstein
Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki
Education is what you learn after you leave School
Robert Kiyosaki
" Schools were designed to create employees for the big corporations."
Robert Kiyosaki
"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson
Dissent is the highest form of patriotism
Thomas Jefferson
“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki
"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way
"Aspire not to have More but to be More "
UNKNOWN
The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki
"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford
What You Own Owns You
UNKNOWN
If you expect the government to solve your problems, you have a problem. Robert Kiyosaki
"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin
"None are more hopelessly enslaved than those who falsely believe they are free.” - Johann Wolfgang von Goethe
"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell
Be The Change you want to see in The World
UNKNOWN
Failure inspires winners but defeats losers
Robert Kiyosaki
“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb
"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN
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