What is the substance of his post?
What gives me sour stomach is the fact that there are $750 Trillion in "derivatives" out there, some of which aren't understood by their creators, much less by the traders or admittedly by the Secretary of the Treasury or his crew.
By my math, if just 1% of these unwind abruptly due to margin calls or the like, it would cause a $7.5 Trillion train wreak, the consequences of which no one can estimate...but they would be bad, very bad.
Spell it out for me.
The substance of his post was already addressed by himself, and me. You didn’t. Also, I’ve already asked you to make a thread ALL ABOUT DERIVATIVES. When are you going to do that?
The market is spelling “it” out for you, as have a great many others foflol. But you already have your 30 pieces of silver.
Carry on.