Categories



TheLibertyMill




The Phaserl








AvatarProducts

Ellen Brown – Cascade of Derivative Defaults Would Bring Everything Down

from Greg Hunter:

Countries are up to their necks in debt that cannot not be paid. The derivatives propping the debt up are hundreds of trillions of dollars. Public banking expert Ellen Brown contends, “The concern is this $500 trillion of derivatives just on sovereign debt. There is $100 trillion in sovereign debt globally, which is a huge bill, and then you have all these derivatives betting against it with credit default swaps that would pay off in the event of a default. So, they can’t let any of these governments go bankrupt.

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>