Andrew Hoffman – Crowd Source Judgment Day Has Arrived
What’s Happening Wednesdays with Andrew Hoffman:
America being torn apart politically, economically, and socially
Economic destruction of post-Trump markets, and impossibility of Trump making good on promises
Indian cash ban, extremely ominous
Monte Paschi bail-in, Italian referendum, etc.
PM smash, outlook
No one, not even the money masters, can predict the future and no one can predict the market. The money printers can create currency to whitewash a situation like DB, however, they can not whitewash the derivatives market that is the underpinning of these too big to jail banks. $47 trillion at DB alone, another $70+ trillion at JPMorgan and that’s just two. The opaque derivatives market is the problem. Once something gets moving through this market it will be almost impossible to stop. The daisy-chain of interconnectedness is on such a scale that a handful of derivatives could set the banking system ablaze. When you are talking about $700+ trillion of “financial instruments” going belly up the whole world has a problem.