The Major Banks Are In Big Trouble – DERIVATIVES.
| Rank | Derivatives | Bank Name |
| 1 | $53,221,165,000,000 | Goldman Sachs Bank USA |
| 2 | $50,031,374,000,000 | JPMorgan Chase Bank |
| 3 | $47,243,934,000,000 | Citibank |
The top three mega banks in the United States have over $150 Trillion in derivatives. What is a derivative? A derivative is a “side-bet”. Basically a derivative is a financial instrument that derives it’s value from something else. In other words, it has no actual value of it’s own. Banks can have side bets of side bets of side bets. THIS is what nearly collapsed the economy in 2008, and now it’s a thousand times worse. THIS is why they had to pass the debt-ceiling bill. If they didn’t, it’s likely that the entire banking system would have collapsed. Eventually it will anyway, and you will want to have tools of production and tangible assets, as your fiat federal reserve notes will be worthless.
I strongly suggest watching the video above.
Source: https://ncrenegade.com/the-major-banks-are-in-big-trouble-derivatives/
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Whistler Blowers, Insiders
You are in black, so sorry for your loss. Hope to God it wasnt the vax. That would Make it so much harder as his life would have been deliberately, needlessly shortened.
Can you connect derivatives to CBDC implementation? In lieu of no default, can derivatives cause same outcome and timeline? Is 7/1/23 still a date to watch?
Thanks alot Gregory, will say a prayer for you and Josh.