SOON COMING DERIVATIVES IMPLOSION

JUNE 9, 2012

Pastor Floyd Beecham in Minneapolis, MN sent me this unbelievable and alarming info. Here is an amazing graphic on the amount of derivative exposure that the biggest US banks have. Derivatives are bets on a bet on a bet . . . - with no assets backing them. When they implode we all implode with them.

DEMON.OCRACY.info The rule of the demons. Ignorance is bliss, reality is not.

Derivatives: The Unregulated Global Casino for Banks

SHORT STORY: Pick something of value, make bets on the future value of "something", add contract & you have a derivative. Banks make massive profits on derivatives, and when the bubble bursts chances are the tax payer will end up with the bill.

This visualizes the total coverage for derivatives (national). Similar to insurance company's total coverage for all cars.

LONG STORY: A derivative is a legal bet (contract) that derives its value from another asset, such as the future or current value of oil, government bonds or anything else. Ex- A derivative buys you the option (but not obligation) to buy oil in 6 months for today's price/any agreed price, hoping that oil will cost more in future. (I'll bet you it'll cost more in 6 months). Derivative can also be used as insurance, betting that a loan will or won't default before a given date. So its a big betting system, like a Casino, but instead of betting on cards and roulette, you bet on future values and performance of practically anything that holds value. The system is not regulated what-so-ever, and you can buy a derivative on an existing derivative.

Most large banks try to prevent smaller investors from gaining access to the derivative market on the basis of there being too much risk. Deriv. market has blown a galactic bubble, just like the real estate bubble or stock market bubble (that's going on right now). Since there is literally no economist in the world that knows exactly how the derivative money flows or how the system works, while derivatives are traded in microseconds by computers, we really don't know what will trigger the crash, or when it will happen, but considering the global financial crisis this system is in for tough times, that will be catastrophic for the world financial system since the 9 largest banks shown below hold a total of $228.72 trillion in Derivatives - Approximately 3 times the entire world economy. No government in world has money for this bailout. Lets take a look at what banks have the biggest Derivative Exposures and what scandals they've been lately involved in. Derivative Data Source: ZeroHedge.

Check out this link and be amazed: DERIVATIVES UNREGULATED GRAPH

ARE YOU CONFUSED HOW THIS COULD HAVE HAPPENED?

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