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REAL WORLD EVENT DISCUSSIONS
Obama's $531 Trillion Dollar Derivatives Time Bomb
Wednesday, September 2, 2009 12:21 PM
PIRATENEWS
John Lee, conspiracy therapist at Hollywood award-winner History Channel-mocked SNL-spoofed PirateNew.org wooHOO!!!!!!
Quote:What are derivatives? Some investors describe them as “dormant economic weapons of mass destruction”. They essentially are large leveraged bets on top of stocks, bonds and commodities. Money can be made within months or seconds by betting if a stock will go up, down or even remain the same. With no credit rating you can place a bet worth double your account balance. Big time investors get greater leverage with these instantaneous loans. The New York Times, Oct 8th 2008: “The derivatives market is $531 trillion, up from $106 trillion in 2002″. This market is setup with odds similar to a racetrack. Trillions are won and lost (transferred) every second. But unlike a racetrack the big players have ultimate control. Their trillions can make stocks move. A 4% up swing in a stock can cause a derivative bet to rise more than 100% in value or vice versa. A low performing stock that rises only 6% a year could actually have many 3, 6 or 9 percent swings weekly or monthly (some stocks daily). There are billions to be made over and over again by the people that control billions and trillions thus the markets. A grand game approved by the top. The globe’s GDP is at $60.1 trillion. The globe’s total financial assets were reported as $167 trillion in 2006. A few trillion lower today no doubt. The highly volatile derivatives market is worth noting because it dwarfs the entire world’s GDP and total financial assets combined. The $531 trillion dollars derivatives market contains a mind-boggling amount of high-risk credit in the hands of a small few that could completely finish off the collapse of the current global economy (for a new global replacement). New York Times, May 9th 2003: “he detailed the potential dangers to financial markets if a big derivatives dealer had to exit the market. In his speech, delivered to the conference by satellite, Mr. Greenspan said that a single dealer accounts for about a third of the global market in both interest rate and credit derivatives, and a few dealers account for more than two-thirds.” www.wiseupjournal.com/?p=1096
Thursday, September 3, 2009 7:56 AM
Thursday, September 3, 2009 11:07 AM
OUT2THEBLACK
Quote:Originally posted by piratenews: Quote:What are derivatives? Some investors describe them as “dormant economic weapons of mass destruction”. They essentially are large leveraged bets on top of stocks, bonds and commodities. Money can be made within months or seconds by betting if a stock will go up, down or even remain the same. With no credit rating you can place a bet worth double your account balance. Big time investors get greater leverage with these instantaneous loans. The New York Times, Oct 8th 2008: “The derivatives market is $531 trillion, up from $106 trillion in 2002″. This market is setup with odds similar to a racetrack. Trillions are won and lost (transferred) every second. But unlike a racetrack the big players have ultimate control. Their trillions can make stocks move. A 4% up swing in a stock can cause a derivative bet to rise more than 100% in value or vice versa. A low performing stock that rises only 6% a year could actually have many 3, 6 or 9 percent swings weekly or monthly (some stocks daily). There are billions to be made over and over again by the people that control billions and trillions thus the markets. A grand game approved by the top. The globe’s GDP is at $60.1 trillion. The globe’s total financial assets were reported as $167 trillion in 2006. A few trillion lower today no doubt. The highly volatile derivatives market is worth noting because it dwarfs the entire world’s GDP and total financial assets combined. The $531 trillion dollars derivatives market contains a mind-boggling amount of high-risk credit in the hands of a small few that could completely finish off the collapse of the current global economy (for a new global replacement). New York Times, May 9th 2003: “he detailed the potential dangers to financial markets if a big derivatives dealer had to exit the market. In his speech, delivered to the conference by satellite, Mr. Greenspan said that a single dealer accounts for about a third of the global market in both interest rate and credit derivatives, and a few dealers account for more than two-thirds.” www.wiseupjournal.com/?p=1096 Bushobama's $25-Trullion Bank Robbery http://ancavge.wordpress.com/2009/07/20/cost-of-bailout-hits-a-whopping-24-trillion-dollars/ www.bloomberg.com/apps/news?pid=20601087&sid=av_bCYnKeIUk www.bloomberg.com/apps/news?pid=20601087&sid=a_q5ymG3GIq8 http://iusbvision.wordpress.com/2009/04/01/bloomberg-government-has-spent-128-trillion-buying-upshoring-up-banks-still-no-mortgage-help/ Audit the "Federal" Reserve Bankster Bill www.ronpaul.com/2009-05-08/why-we-need-hr-1207-ron-pauls-bill-to-audit-the-federal-reserve/ www.opencongress.org/bill/111-h1207/show www.infowars.net/articles/july2009/220709RonPaul.htm This dont count $70-Trillion stolen every year from CAFR govt "pension" funds in cities, counties, states and fed govt employees. CAFR is profit, Budget is expenses, all govt keeps 2 sets of books since 1957 by copying the Chicago Mafia model of the 1920s with Al Capone. http://video.google.com/videosearch?hl=en&q=cafr&um=1&ie=UTF-8&sa=N&tab=wv# www.google.com/search?hl=en&q=cafr&um=1&ie=UTF-8&sa=N&tab=vw
Thursday, September 3, 2009 12:07 PM
Thursday, September 3, 2009 12:08 PM
WULFENSTAR
http://youtu.be/VUnGTXRxGHg
Thursday, September 3, 2009 12:10 PM
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