Citigroup's Derivatives Reduce Bailout to a Non-Event [View article]
Okay gents, lets just say that 3% of netted derivatives implode over the next 24 months globally. Considering the outside box probabilities of some currency implosions here and there and then impute some government risks/mandates to come out of nowhere.
3% of 643 Trillion is a boat load of Cash, I don't care who's cash it is, 19+ Trillion cannot be printed nor fixed. Implosion will be the result IMHO.
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Okay gents, lets just say that 3% of netted derivatives implode over the next 24 months globally. Considering the outside box probabilities of some currency implosions here and there and then impute some government risks/mandates to come out of nowhere.
Jan 04 16:54 pm
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All Comments by SugarDaddy »Citigroup's Derivatives Reduce Bailout to a Non-Event [View article]
3% of 643 Trillion is a boat load of Cash, I don't care who's cash it is, 19+ Trillion cannot be printed nor fixed. Implosion will be the result IMHO.