Systemic Meltdown Risk Increases - - Protection and Profit Actions Advised
Systemic Meltdown Risk Increases - - Protection and Profit Actions Advised: June 13, 2008 DEEPCASTER LLC www.deepcaster.com "Systemic Meltdown Risks & Devilish Derivatives.
The risk of Systemic Meltdown continues to increase.
The Total Value of all Derivatives Outstanding now exceeds One Quadrillion U.S. Dollars, nearly a doubling since the last BIS report.
The value of listed Derivatives is now about $548 Trillion and OTC (Dark Liquidity) Derivatives is $596 Trillion, as of December 2007, for a total Notional Value of over $1000 Trillion.
Remember that Derivatives Markdowns and Failures are at the core of several ongoing financial crises, including the Credit Market Freeze-Up and Mortgage Crises.
If any major counterparty/ies to these Derivatives contracts fails, that could bring the entire “Paper Domino” Derivatives Edifice (and thus the entire Financial System) crashing down as well."
The risk of Systemic Meltdown continues to increase.
The Total Value of all Derivatives Outstanding now exceeds One Quadrillion U.S. Dollars, nearly a doubling since the last BIS report.
The value of listed Derivatives is now about $548 Trillion and OTC (Dark Liquidity) Derivatives is $596 Trillion, as of December 2007, for a total Notional Value of over $1000 Trillion.
Remember that Derivatives Markdowns and Failures are at the core of several ongoing financial crises, including the Credit Market Freeze-Up and Mortgage Crises.
If any major counterparty/ies to these Derivatives contracts fails, that could bring the entire “Paper Domino” Derivatives Edifice (and thus the entire Financial System) crashing down as well."
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