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Just so happens I watched this guy (Ian Caroll) yesterday predicting a global market crash. He was explaining that Banks are leveraged 100 to 1 in derivative trading. Eg. Goldman Sachs is sitting on 50 trillion in derivative trades (bets on stock prices) but has less than 1/2 trillion dollars in assets. It's the biggest bubble ever. 1 Trillion is equal to 1,000,000 Million.

https://x.com/i/status/1819797005977125036



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