The 1.5 QUADRILLION figure is from 2015, FIVE years ago, so no telling how much more that financial WMD has grown since then.
Global Derivatives: $1.5 Quadrillion Time Bomb"They’re financial and political powerhouses controlling world economies to their own advantage." Like controlling world economies to cover up their financial house of cards imploding due to all their greed?
When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements(BIS) data show around $700 trillion in global derivatives.
Along with credit default swaps and other exotic instruments, the total notional derivatives value is about $1.5 quadrillion – about 20% more than in 2008, beyond what anyone can conceive, let alone control if unexpected turmoil strikes.
The late Bob Chapman predicted it. So does Paul Craig Roberts. It could “destroy Western civilization,” he believes. Financial deregulation turned Wall Street into a casino with no rules except unrestrained making money. Catastrophic failure awaits. It’s just a matter of time.
Ellen Brown calls the “derivatives casino…a last-ditch attempt to prop up a private pyramid scheme” – slowly crumbling under its own weight...
Since 2008, too-big-to-fail banks consolidated to much greater size than ever. They’re financial and political powerhouses controlling world economies to their own advantage.
Derivatives Could Explode Like A Bomb!That bomb is now exploding in our faces, faces covered in PPE masks, and ears plugged by the relentless barrage of MSM bullshit.
...I have become convinced after studying derivatives that QE following the 2008 financial crisis may have been geared to hold up the underlying value of assets that feed into and support the massive derivative market more than help the economy.
While QE was able to halt an implosion of derivatives and the resulting contagion and shock that would have spread throughout the financial system following the 2008 financial crisis next time we may not be so lucky.
Aangirfan has an excellent blog on this COVID hysteria that does an excellent job of exposing all this COVID nonsense.
CORONAVIRUS CONSPIRACY - part 2"Shriek, Wail, the Sky is falling...STFU clown"
National Health Service England says that across England, only about 60% of beds in acute hospitals are occupied.
A year ago, the figure was just over 90%...
Dr. Scott Jensen, a Minnesota physician and Republican state senator, told a local station he received a 7-page document coaching him to fill out death certificates with a COVID-19 diagnosis without a lab test to confirm the patient actually had the virus.
Dr. Jensen also disclosed that hospitals are paid more if they list patients with a COVID-19 diagnosis.
And hospitals get paid THREE TIMES AS MUCH if the patient then goes on a ventilator.
Coronavirus Fact-Check #3: “Covid19 is 20x DEADLIER than the flu!”These shitheads lied to you about the Israeli masterminded 9/1 False Flag, now you're going to believe them about COVID?
But is this true?
No, it’s not.
While the generally accepted flu death rate of 0.1% is twenty times lower than the media reported Covid19 death rate of between 2% and 4%, research suggests the media-reported death rate is far too high.
The World Health Organization has estimated Covid19’s “official” death rate at 3.4%, clinical studies done on Sars-Cov-2 put its actual case-fatality ratio at around 0.1%. Roughly equal that of regular season flu outbreaks.
The problem arises from what scientists and statisticians call “selection bias”:
Essentially, the way you choose your sample can have a huge impact on the results of your study.
In this case, since only the people sick enough to need treatment in hospitals or clinics are being tested, only those people with severe or critical symptoms will ever be counted in the statistics.
This Is Strange: Total US Deaths in March 2020 are Actually Down 15% from Average of Prior Four Years
According to data obtained from the CDC’s National Center for Health Statistics Mortality Surveillance System website, total U.S. deaths for the first three weeks of March are DOWN 10% from the average of the prior four years for the same three week period.