Pfft! That list is missing .
Forget the banks, every single person holding fiat currency has dangerous levels of derivative exposure and most people are completely unaware (by design). The problem is our derivative exposure has no actual assets. Think back to 2008 with the MBS collapse, only this is magnitudes worse. Derivative exposure is unwinding fast. As it unwinds, people holding derivatives are going to lose it all.
See my comment (if you want).
(post is archived)