Loading ...some interesting doom & gloom
On Monday, in silver fox’s Duran feed there was a link to an interesting discussion, ‘Derivatives and the coming collapse w/ Alex at Reporterfy’. This 3rd Alex does not paint a pretty picture of what he sees coming, possibly very soon. In case you missed it, here’s the link:
https://www.youtube.com/watch?v=sAErqW7vj7Y
Probably ties in with our bank deposits being unsecured liabilities of the banks, protected only by insufficient FDIC.
And this newer language that holdings at brokerages are security ENTITLEMENTS, not securities. Again, claims.
Just like lifeboats on the Titanic. Not enough real collateral to go around.
Hence, real estate going up and up and up.
Thanks, GB, for reposting the link. I thought the video important, and somewhat unsettling.
For those that missed it, you get a rare second chance.
Very informative video on the state of derivatives in the world – and scary. Sounds like gold is the answer since it has no counterparty risk.