When you start with $7 Trillion in consumer bank deposits and multiply it by 23, you get $165.2 Trillion (or 1.652 Quadrillion).
Look at it with zeroes: $1,652,000,000,000,000.
That’s what represents the alleged value of the derivatives market. I say “alleged” because they’re estimates the banksters put on the value of these mysterious investments.
They admit that they can’t always come up with a true value of them because of “changing market conditions.”
Therefore, it should not surprise you that TPTB maintain a very low profile when it comes to the derivatives market.
In fact, over 99% of consumers are clueless about what they are or represent. (Nor do they understand the threat they pose)
Go ahead…Google “derivatives.” You’ll find countless explanations that make them even more confusing. (The banksters want you to be confused)
Let me give you the plain English description: In its simplest form a derivative is a contract (not a tangible asset and not backed by anything) issued by a company with a promise to pay or “insure” against a default.
Here’s the scary part.
When the derivatives market blew up 2008, (because the banks couldn’t pay-up on them) nothing was ever fixed.
And today they are waaaaaayyyyy bigger.
If you own a stock, bond, mutual fund, etc., ask yourself, “Who’s on the other side of that trade?” (meaning, who or what is backing up what you think you own?)
You don’t have to be a rocket scientist to see that NO ONE can back up $1.652 Quadrillion of anything.
Eventually, something will trigger this time-b0mb…and when that happens you’ll hear the crybaby politicians say “Who could have foreseen this happening.”
How are you gonna protect yourself?
Don’t wait…learn more (HERE).
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