The $2.5 quadrillion in derivatives held by the banks that will cause the financial system to collapse first. “It has already started to crack– It cannot be stopped,” a Mossad source says

The $2.5 quadrillion in derivatives held by the banks that will cause the financial system to collapse first. “It has already started to crack– It cannot be stopped,” a Mossad source says The Unavoidable Crash After years of ultra-loose fiscal, monetary, …

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$2.5 Quadrillion Disaster Waiting to Happen

By Egon von Greyerz In this interview with Greg Hunter’s USAWatchdog Egon von Greyerz explains, “Credit has increased dramatically through derivatives.  All instruments being issued now by banks, pension funds, stock funds, it’s all synthetic.  There is no real underlying payments in anything …

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The $2.3 Quadrillion Global Timebomb

By Egon von Greyerz Credit Suisse is hours from collapse and the consequences could be a systemic failure of the financial system. Disappointingly, my dream last night stopped there. So unfortunately I didn’t experience what actually happened. As I warned …

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