Derivativesmegabanks

Watchman: They Are Destroying the Economy. Intentionally, the Return of the 2008 Financial Demons Is Evident at the Megabanks: Excessive Leverage, Off-Balance-Sheet Liabilities, More Than $192 Trillion in Derivatives, and Precarious Capital Positions

By SRH, As indicated on the above graph, as of December 31, 2023, Goldman Sachs Bank USA, JPMorgan Chase Bank N.A., Citigroup’s Citibank and Bank of America held a staggering total of $168.26 trillion in derivatives out of a total of $192.46 trillion at all…