Understanding: "The looming QUADRILLION dollar derivatives tsunami."
(scheerpost.com)
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An anon put up a list of the top banks, I remember BoA has 23 trillion.
Full list of banks with derivative exposure here: https://www.usbanklocations.com/bank-rank/derivatives.html
Thanks, we have some hi- effort anons. BoA 19 not 23, but what's a few trillion here or there. lol
Question that may already have been answered - is putting savings in a local Credit Union any safer? Thanks
No derivative exposure could be safe bet.
It might be safer that banks, but if it's much at all, I'd put it into food and other supplies. If you have at least a two year supply, then the excess could go into silver, which is underpriced. If you're wealthy, buy real estate and gold.
Someone posted yesterday that even his local credit union limited withdrawals to $500 Then there’s the exposure to mortgages that affected the credit Unions in 2008 (per somewhere I read) Hence my inquiry. Thanks.
Mine limits withdrawals to however much I have left in the account. :)
Seriously, the ATM lets me get up to $400 per day. So it wouldn't take long to zero my account.
That will be the end of the system. Are we ready to move forward into the new world? NOT the New World Order.
Ready or not here it comes. Having said that, this has been "looming" for quite some time, and in fact been allowed to bulge since 2008, thank you Globalist. Their great reset is no more then their plan to absolve themselves of all responsibility while their reputations remain intact. I expect Trump, Q, and the military has had enough time to counter this global financial armageddon to enslave us all, and if they haven't ... see you in 15 minutes, but be careful in what you say because a killer bot will be behind you.