SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (2661)7/10/2016 5:01:23 PM
From: Worswick1 Recommendation

Recommended By
ggersh

  Read Replies (1) | Respond to of 2794
 
Many thanks for the graph.... which refers to this .... of course when the counterparties cash out this will all go away.

It will all "net out", and the world will balanced again.

Of course.

Deutsche Bank's Chief Economist Calls For €150 Billion Bailout Of European Banks Tyler Durden Jul 10, 2016
Recall last Thursday, when speaking at a joint news conference with Swedish Prime Minister Stefan Lofven, Matteo Renzi said other European banks had much bigger problems than their Italian counterparts. "If this non-performing loan problem is worth one, the question of derivatives at other banks, at big banks, is worth one hundred. This is the ratio: one to one hundred," Renzi said.

He was, of course, referring to the tens of trillions of derivatives on Deutsche Bank's books.