Epic Moral Hazard (Video)

Epic Moral Hazard Video

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.


Video Source

Click here to sign up for The Daily Coin FREE newsletter covering precious metals, war, health and prepper suggestions!

Sharing is caring!

Author Image

Gordon T Long

Meet the Host of our Program Show Gordon T Long, co-founder of the Financial Repression Authority. Gordon T. Long has been publically offering his financial and economic writing since 2010, following a career internationally in technology, senior management & investment finance. He brings a unique perspective to macroeconomic analysis because of his broad background, which is not typically found or available to the public. Mr. Long was a senior group executive with IBM and Motorola for over 20 years. In 1995, he founded the LCM Groupe in Paris, France to specialize in the rapidly emerging Internet Venture Capital and Private Equity industry. Gordon T. Long is a graduate Engineer, University of Waterloo (Canada) with graduate business studies at the prestigious Ivy Business School, University of Western Ontario (Canada) on a Northern & Central Gas Corporation Scholarship.