Financial Armageddon Approaches:
U.S. Banks Have 247 Trillion Dollars Of Exposure To Derivatives
“A derivative is basically a bet. The stock market is a bet, but at least when you buy stock you own part of a company that provides goods or services, so it usually has some intrinsic value. When you own a derivative, you own nothing.
Derivatives includes such things as options and futures, but there are all kinds of derivatives available now – including bets on interest rates and even on the weather!!!”
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The answer is ‘simple’
Cancel the lie called “debt”.
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