It seems like over the weekend some $80T worth of derivative contracts was written off by the banks.
Is this the start of things to come and the official PM movement?
let’s see how the markets react to this tomorrow.
33 years from Black Monday 19 October 1987= 19 October 2020!!
https://www.bloomberg.com/news/articles/2020-10-15/banks-brace-for-big-bang-switch-on-80-trillion-worth-of-swaps
GLTA
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It seems like over the weekend some $80T worth of derivative...
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