Wrong! They know very well what they are doing. I am confused, however, why either Russia or China hasn’t been blamed for this banking crisis which is so typical whenever things go wrong.
Five responses and no one read my document links. No surprise!
No one addressed the Derivative market coming meltdown.
Derivatives: Compound Fiat fake money! Now old BIS data because it doesn’t incorporate the current Banking meltdown! What economy can support these numbers?
OTC derivatives statistics at end-June 2022; “Key takeaways
The notional value of outstanding over-the-counter (OTC) derivatives rose to $632 trillion at end-June 2022, up from $598 trillion at end-2021. This marks a continuation of the moderate upward trend evident since end-2016.”