Derivatives will lead to systemic failure of banks
KWN weekly – Dec 9, 2014
Greyer: “The derivatives exposure of major European and U.S. Banks are certain to initially lead to massive money printing combined with bail-ins. Eventually it will lead to the failure of a large number of banks…..
- About:
- Systemic risk
- Are Swiss banks safe?
- A bet on gold and silver
Click here to read the Dec 9 interview.
About Egon von Greyerz
Egon von Greyerz
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Zurich, Switzerland
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