“This is all because of the one quadrillion dollars in derivatives that are in the financial system. Six years ago the Bank for International Settlements (BIS) at that time reported that the amount of derivatives already outstanding exceeded one quadrillion dollars. This number is unimaginable to most human beings. But that is the actual number (over one quadrillion dollars). They never should have released that number because it created a bit of panic.
Sinclair – Something Has Western Central Banks Terrified
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