JP Morgan, Goldman, Citibank, and Bank of America hold $183.37T in derivatives, backed by only $8.28T in assets.
JP Morgan, Goldman, Citibank, Bank of America These four have $183.37 Trillion in derivatives, 88.12% of total outstanding (all banks). These are backed by a mere $8.28 Trillion in assets, 4.52% of their derivative positions. Did I mention they are repeat offenders from 2008? pic.twitter.com/fYbNLZZ0Vl — M.B. (@741trey) September 30, 2024 The mass gathering of …