Implosion you say ...ππ
(media.greatawakening.win)
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They use a shorthand in reports like this,you have to add more zeros. It'd done all the time on finitial reports. This issue comes up all the time.on the stonk boards.
I have never ever in my 25+ years in the economic sector seen shorthanding trillions.
If this is a shorthand, the number 1 bank is either 650 trillion, 6;5 quads or 65 quads.
None of those numbers will make the 2 quadrillion true.
And still no source, just a picture from some LARP on Twitter.
We must be better than this.
Clearly it's not a list of all companies trading. And my undestand is the shorthand is in millions,that's used in reports like this.
I've seen these numbers and lists on the big stonk boards,that have membership of 800,000 or more,many of them work in the field. No one disputes it.
What is your estimate?
I donβt know, because I donβt have a good source of information, only lose estimates.
An estimate of banks dealing with some sort of derivatives are around 1000 around the world, and given the abbreviated list in the post, that will give an estimate well short of 2 quadrillion.
My guess? Around half, but seeing that silver only are oversold by at least 300 (373 according to https://www.usdebtclock.org/) itβs a very difficult estimation to do.
My point is more about blindly trusting anon tweets that fits our confirmation Bias.
Iβve seen hundreds of posts on this forum that was proven fake news, and thatβs not what we need.
This might be one more to add to that list, I donβt know, and OP has given me 0 sources to dig further.
I think all the numbers on it are estimates, but it is freaking huge,I remember all the talk of derivatives back in 08 when we had the crash,and from everything I've seen they never cleaned it up,it's gotten much bigger. Looks like a time bomb ready to explode.