BIS warns of $80 trillion of hidden FX swap debt
(www.yahoo.com)
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These are all coming due in 2023. $80Trillion is nearly 3 times the national debt. Get prepared now.
Is that all??? Hmmm, heard higher.
Yes, yet this is only: pension funds .....
250 quadrillion figure has been floating for years if not decades. Actually, we don't know the true size of the derivative markets ....
Fact remains that world GPD is said to be 75 trillion. Which in the terms of derivatives means that world production has been hypothicated decades and decades into the future ....
Small part of the total 2 quadrillion,of swaps and derivatives. Some will be winners and some losers,as they are hedge positions. The real positions are hidden,behind a rule change in the commodity future exchange. Banks have massive positions that are unregulated.
$80 trillion? It is not surprising if you know how the basis of fractional reserve is based on compound interest. It's a simple calculation taught to all Finance students-- FV = PV(1 + i)ⁿ. However, it becomes readily obvious that this is the algorithm used for usury to create debt.