$80 Trillion Derivatives Market

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2022-12-06 13:29:54 -

https://www.armstrongeconomics.com/world-news/banking-crisis/80-trillion-derivatives-market/

WWW.ARMSTRONGECONOMICS.COM

The Bank of International Settlements (BIS) has warned in its latest quarterly report that there are $80 trillion dollar in off-balance sheet dollar debt in the form of FX swaps. This has involved pension funds and other 'non-bank' financial firms. What they do not explain is that each "debt" has a counter party that has

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