Has the derivatives volcano already begun to erupt?
The risk remains that dollar credit will seize up globally, with disastrous consequences for countries that have to borrow dollars to cover deficits
Hedging the foreign exchange risk in this half-trillion-dollar per year business has exhausted the balance sheet of the global banking system. That explains a large part of the jump in the US 10-year note yield to 3.2% last Friday from 2.85% in early September. Hedging the foreign exchange risk in these massive flows created a derivatives mountain, and it has started to spew smoke and lava.
http://www.atimes.com/article/has-the-derivatives-volcano-already-begun-to-erupt/
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US 10-year note yield to 3.2%
Over 3 %, it always detonate the economy bomb...
Trump working with Deepstate
Trump:trade war,big money to military,tax breaks,subsidy,middle east war...Government Debt Default,De-dollarization
Deepstate:shrink the balance sheet,US 10-year note yield to over 3%,Push up the stock market and waiting for the crisis...ready to Fleece the Flock,Collapse Dollar System
Trump is the best Partner of Deepstate ever in the history
QAnon advertisement can only fool some conspiracy noob to support trump by old news and distraction scandal
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