The notional value of outstanding OTC derivatives per the BIS was $715 trillion in June 2023. The global economy is in reality a debt economy with some vague promise of future taxes on a declining number of private sector workers. December 15, 2023 3:49 pm by CWR Sharing is Caring! h/t Lapuamies See also Sahm Rule and Goldman Sachs indicator signal recession since October 23, 2023, as employment outlook dims. Views: 97
