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Brink of collapse incoming (media.greatawakening.win) 🚔 Crime & Corruption 💸

posted 2 years ago by T-Rex32 2 years ago by T-Rex32 +381 / -1

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– corrbrick 15 points 2 years ago +15 / -0

The value of a derivative is derived from some other asset. The big one in 2008 was mortgage-backed securities (MBS), securities created from groups of mortgages. These "tranches" were loosely valued by the mortgages they contained, and then sold as investments. Multiple times!

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– SoMuchWinning45 3 points 2 years ago +3 / -0

Basically our usury masters creating something out of thing air with no intrinsic value, and getting idiots to buy it.

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