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These Are The Two Main “Risk Scenarios” For Markets
There are a lot of things you can say about Heisenberg, but one thing you can't say is that I fell a
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According to the (OFR) Office of Financial Research and I quote, ” US Global Systematically Important Banks (G-SIB’s) have more than $2 trillion in total exposure to Europe. Roughly half of those exposures are off balance-sheet… US (G-SIB’s) have sold over $800 billion notional in credit derivatives referencing entities domiciled in the EU.” Wall Street buys derivative=protection, Wall sells derivative=on the hook.” Another brick out of the wall”. Sing it !!!!!!!!!!!!!!!!!!!!!!!!!!!!!