The total amounts of credit default swaps (a form of debt insurance) outstanding is at $45.5 trillion --about twice the value of the US stock market, and three times the value of the US GDP (($13 trillion). This could lead "to a generalized meltdown of the financial system of a severity and magnitude like we have never observed before."
read more | digg story
Subscribe to:
Post Comments (Atom)
11-20-2024-B
Democratic Wins Media @DemocraticWins · Nov 18 BREAKING: Donald Trump is considering taking away Medicaid and food stamps from up to 70 mill...
-
FLASHBACK: Kremlin to Pitch New Currency... BEIJING TO PITCH NEW GLOBAL CURRENCY; DUMP DOLLAR OBAMA TO THE RESCUE! PLAYS HIS $1 ...
-
"Multiple indications of vote fraud are beginning to pop up regarding the New Hampshire primary elections. Roughly 80% of New Hampshire...
-
Here Are 4 Facts From Democratic Memo That Destroy Trump’s FBI Conspiracy Democratic Memo Missouri governor to be investigated by a spec...
No comments:
Post a Comment