quintillions of dollars in derivatives and l'affaire ClearStream
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Uploaded by marcchabotyt on Feb 9, 2010
Wayne Madsen talks about his insides sources from the federal reserve saying there is so much money in derivatives they will have to mesure it in quintillions of dollars very soon ; and l'affaire ClearStream is explained in a jiffy
recorded on February 9th 2010
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@MrWsad I LIKE COOKIES :D!
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@stickfiguresmaster IDIOT.
:)
Million<billion<trillion<quadr
illion<quintillion bi = 2
tri = 3
quad = 4
quintillion = 5
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@stickfiguresmaster 1,000,000,000,000,000 is 1 quadrillion & 1,000,000,000,000,000,000 is 1 quintillion
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clearstram is not a bank account ...
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1,10,100,1,000,10,000,100,000,
1,000,000,10,000,000,100,000,0 00,1,000,000,000,10,000,000,00 0,100,000,000,000,1,000,000,00 0,000,10,000,000,000,000,100,0 00,000,000,000,1,000,000,000,0 00,000,10,000,000,000,000,000, 100,000,000,000,000,000,1,000, 000,000,000,000,000 one ten hundred thousand 10k 100k million 10m 100m billion 10billion 100billion trillion 10trillion 100trillion 1quitillion 10quintillion 100quintillion 1 quadrillion 10quadrillion 100quadrillion. -
Prosecution. Some say we weren't regulated enough. They are only partly right. We have way too many rules so that isn't the problem. Derivatives were addressed in Sarbane Oxley. The problem is there is almost zero enforcement of the rules. What incentive is there to recognize a rule unless humans bring about consequences? Nature NEVER enforces. Without enforcement, there are no rules at all. That's my beef with anarchism: Rules but no rulers? I'm minarchist.
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Not all derivatives are Financial WMDs.
Futures and Forwards and Swaps are all perfectly fine.
It's when people start creating exotic derivatives better on the implosion of someone else, while selling toxic MBSs that we have a problem. It's called fraud.
The problem is getting our government to prosecute these people, not derivatives. If AIG can't pay up, or any other institution takes a loss from the collapse of housing, so be it. Let them take the losses and go bankrupt.
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Declare a Force Majeure on ALL Derivatives. They are Financial WMD's.
Why should any Financial Terrorist be paid off....
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1m = 1,000,000
1b = 1,000,000,000
1t = 1,000,000,000,000
1qt= 1,000,000,000,000,000
that's it - QED
Anything beyond that is galactical!
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Physical gold and silver is the important investment. Paper gold and silver? LOL
The stock market is a scam to rape your savings, what makes you think "paper" gold/silver is any better or more secure. Real gold, real silver, guns, ammunition, tools, and food are your safest bets. Collapse IS imminent, maybe not this month or this year even but it is INEVITABLE and resistance is futile. You sold your soul to the devil and he's coming to collect. Protect your family now.
mcapps1 2 years ago 3
@AndyMH182 - Do you know if the derivates on COMEX are real? If everyone took delivery of their gold would every contract be met?
bunsh1ch1 2 years ago