Category Archives: Risk

The Looming Financial Crisis Nobody Is Talking About, But Should Be

Via Shaun Bradley via

  • “If those signs aren’t bad enough, Deutsche has also become the poster child for the ominous derivativesbubble. It, alone, has amassed an exposure of over $75 trillion dollars in these risky devices, which is almost equal to theannual GDP of the world”
  • “This problem is by no means isolated to the European markets; the U.S. banks also drank the kool-aid, and believe it or not, helped create a quadrillion dollar mess”

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Global heat map of CDS (Credit Default Swap) risk


[Editors note:  Countries in the red and orange could become a hotbed for Bitcoin adoption, as these countries scramble to implement last gasp capital controls, bail-ins and cash bans in order to delay the likelihood of state level insolvency and financial collapse.

  • “Sovereign Credit Default Swaps (CDS) are financial contracts that measure the risk of default on sovereign debt: the higher the spread, the greater the risk of default.”

CDS Global risk

Source BofA (Click for larger image)

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