500 τρισεκατομμύρια σὲ παράγωγα παγκοσμίως…
Τὰ ETF εἶναι κεφάλαια Ἀσφαλίσεως Παραγώγων ἢ κάτι τέτοιο (Exchange-Traded Funds).
Λέει λοιπὸν ὅτι μέχρικαὶ ἡ Τράπεζα Διεθνῶν Δικακανονισμῶν (B.I.S) ἔχει ἀρχίσει νὰ καταλαβαίνῃ ὅτι εἶναι ἀνεξέλεγκτο τὸ ῥίσκο τῶν Παραγώγων καὶ ὅτι μόλις ξεκινήσῃ τὸ Σύστημα νὰ διαλύεται, ὅπως ὅλοι ξέρουμε ὅτι θὰ συμβῆ, θὰ ξεκινήση ἀπὸ τὴν κορυφὴ καὶ ὅτι ὅλα τὰ ETF θὰ σκάσουν, γιατὶ εἶναι πάρα πολλὰ γιὰ νὰ σωθοῦν!!!
Τὴν τελευταία ἑβδομάδα τὰ Ἑλληνικὰ ὁμίλογα πλήρωναν λιγότερο τόκο ἀπὸ τὰ ἀντίστοιχα τῶν Η.Π.Α.!!!
Αὐτὸ εἶναι τρελλό, ἀλλὰ ὄχι περισσότερο τρελλὸ ἀπὸ κάτι ποὺ δὲν ἔχει ξανασυμβεῖ στὴν παγκόσμια ἱστορία.
Ἔχουμε 13 Τρισεκατομμύρι $ σὲ ὁμόλογα παγκοσμίως μὲ ἀρνητικὸ ἐπιτόκιο!!!
Στὰ τελευταία 5.000 χρόνια κάτι τέτοιο δὲν ἔχει ξανασυμβεῖ.
Ἂν ἦταν τόσο καλὴ ἰδέα, θὰ σκεφτόσασταν ὅτι ἴσως ἔχει ξανασυμβεῖ κάπου, κάποτε.
ΔΕΝ ἔχει ξανασυμβεῖ!!!
Σκεπτόμασταν ὅτι τὸ Πεντάγωνο ἦταν διεφθαρμένο πίσω στὸ 2001, ὅταν στὶς 10 Σεπτεμβρίου τοῦ 2001, ἀπεκαλύφθη ὅτι τὸ Πεντάγωνο δὲν μποροῦσε νὰ δικαιολογήσῃ 2.3 Τρισεκατομμύρια $, τὰ ὁποῖα εἶχαν σπαταλήση.
Ἀλλὰ πρόσφατα ἀπεκαλύφθη ὅτι γιὰ τὸ φυσικὸ ἔτος 2015, τὸ Πεντάγωνο δὲν μπορεῖ νὰ δικαιολογήσῃ 6.5 Τρισεκατομμύρια $!!!
Μὲ τὸν ἴδιο τρόπο, ποὺ ἡ 11η Σεπτεμβρίου 2001 ἔκανε ἕνα καμουφλὰζ γιὰ τὰ χαμένα 2.3 Τρισεεκατομμύρια $, τί θά κάνη τό Πεντάγωνο γιά νά ἀποπροσανατολίση τόν κόσμο γιά τά ἐπίσης χαμένα 6.5 Τρισεκατομμύρια $;;;
Πόλεμος, εἶναι ἡ μία ἐναλλακτική.
Κι ὄσο κι ἂν ἀκούγεται τρελλό, ἀκούγεται ἐπίσης τρελλὸ καὶ τὸ ἔγραψα, ὅτι ἡ Γερμανικὴ Κυβέρνησις κουβεντιάζει γιὰ τὸ πῶς νὰ πῇ στοὺς πολῖτες της νὰ στοκάρουν φαγητὸ γιὰ δέκα ἡμέρα καὶ νερὸ γιὰ πέντε ἡμέρες, σὲ περίπτωση κάποιας ἐπιθέσεως ἢ καταστροφῆς.
Ἴσως κάποιος ξέρει κάτι ποὺ ἐμεῖς δὲν ξέρουμε.
Εἴμαστε σὲ ἐνδιαφέροντες καιροὺς ἀπὸ τώρα ἕως τις ἐκλογές (τις Ἀμερικανικές). Οἱ Κινέζοι λὲν ὅτι οἱ ἐνδιαφέροντες καιροὶ εἶναι κατάρα. Μᾶλλον ἔχουν δίκιο.
I read something last week that made me realize how important the $500 trillion in derivatives is today. There are nearly 5,000 ETFs. That’s totally nuts. I asked one of the most sophisticated investors I know how many ETFs he thought there were in the world. He said, maybe 100. That’s not even close.
By now even the BIS is beginning to figure out that the counterparty risk of derivatives is uncontrollable. Basically when the system starts to come apart as we all know it will, counterparty risk is going to go through the roof and we will have a series of cascading defaults. All of the ETFs are going to fail. All 5,000 of them. There are too many to save.
Last week Greek bonds were paying a lower interest rate then U.S. bonds. That’s insane but no more insane than something that has never happened in world history. We have $13 trillion in bonds worldwide with a negative interest rate. In 5,000 years such a thing has never taken place. If it was such a great idea, you would think that it would have occurred to someone somewhere before. It hadn’t.
We just thought the Pentagon was corrupt back in 2001 when on September 10, 2001 it was revealed that the Pentagon couldn’t account for $2.3 trillion that they had spent. But recently it came out that in fiscal 2015 the Pentagon couldn’t account for $6.5 trillion. In the same way that 9/11 made a great cover up for the missing $2.3 trillion, what will the Pentagon invent to hide the missing $6.5 trillion? War is one alternative.
And while that may sound goofy, it sounds goofy to me and I wrote it, the German government is discussing how to tell their citizens to stock 10 days food and 5 days water in case of an attack or catastrophe. Perhaps someone knows something that we don’t.
We are in for interesting times between now and the election. The Chinese think interesting times is a curse. They are probably right.
We just thought the Pentagon was corrupt back in 2001 when on September 10, 2001 it was revealed that the Pentagon couldn’t account for $2.3 trillion that they had spent. But recently it came out that in fiscal 2015 the Pentagon couldn’t account for $6.5 trillion. In the same way that 9/11 made a great cover up for the missing $2.3 trillion, what will the Pentagon invent to hide the missing $6.5 trillion? War is one alternative.
And while that may sound goofy, it sounds goofy to me and I wrote it, the German government is discussing how to tell their citizens to stock 10 days food and 5 days water in case of an attack or catastrophe. Perhaps someone knows something that we don’t.
We are in for interesting times between now and the election. The Chinese think interesting times is a curse. They are probably right.
