Today I Want to talk about how massive liabilities will soon bankrupt the shorts I Want to explain what a liability actually is? why it? Still Remains on the books of the short Sellers and what kind of liabilities they're actually holding. So stay tuned and let's make some money now. dve straight in with the key information. So stock sense Frank tweeted reminding us of the European Bank that has an equity swap on its books failed at $999 trillion with a notional value of 0.15 making the bank exposure approximately 49 trillion.

This is that total return swap I spoke about in a previous video that expires soon on December 15th saying at the expiration of the equity swap, both parties have to square up and settle, with one paying the other the difference in value between what the items were worth when the swap was set up and what they're worth now. So 49 trillion is just the total value of the swap, not the difference in value of the swap between then and now, the amount that needs to be settled and obviously asking the question what if this? European Bank cannot square up their liability Now this even had its own news article written about it about the 149 trillion Euro Equity swap due to expire on December 15th and as Bams added, he said, like I said before, this swap shows you the obligations don't go away like people fud and say they do said these liabilities don't sit Elsewhere on somebody else's books and disappear never to be seen from Again, these liabilities are still sat on the books of all of these hedge funds Banks and institutions. So first, let's talk about what a liability actually is and how it ties into. AMC GameStop fail to delivers synthetic shares and everything else.

So Investopedia says a liability is something a person or a company still owes. usually a sum of money, liabilities are settled over time, and effectively a liability is something that still has to happen. So an FTD is a liability. because that hedge fund or that market maker has failed to locate a share, obviously incurring that failure to deliver, which is something they still have to settle, they still have to settle by locating a share, or by closing the short position.

A short position in itself is a liability because a hedge fund institutional Market maker has sold security and not yet repurchased it. Hence, the line in all these accounts for security sold, not yet purchased, and obviously a synthetic share or a synthetic short position is also a liability as they've sold a share, haven't yet closed out that short position, and the short position should never even exist in the first place. So all of these liabilities or all of these short positions that haven't yet been closed out of are all still liabilities that still sit on the books of these hedge funds and market makers. Just like these: Total Return swaps.

These swaps that are still unfulfilled that also still sit on the books of these institutions too. And that's why as Bigam said these liabilities, these short positions these synthetics. These Ftds don't just disappear, never to be seen from again, they're still sat on all of the books of all of the banks, all of the hedge funds, and all of the market makers. We also had another absolute Banger over a day today, trading Nexi or Neximmune for 147% in the millionaire mindset Trading Group and again, you can see I called this one out in the pre-market before it started running over that 539 pre-market High telling everyone that I was buying when it broke that pre-market high and we had Mr Mo and Robert Hardy and a bunch of others in the group capitalizing on Nexi.

Mr Mo locked in 15% and another 20% on the second runup and Robert Hardy locked in somewhere between 45 and 50% We're already over 125 members, and when we reach 150 members in the millionaire mindset Trading Group the price will be going up. Therefore, to lock in those current prices, be sure to sign up using the link in the description below today. I estimate will be at 150 in the next 2 or 3 days and as Joshua tweeted, he said that's likely why the meme ETF is also closing down. He said they're shutting down the meme ETF because when AMC and GameStop squeeze, the last thing they want is the ETF contributing to the exponential increase in the price of these stocks.

Because obviously the ETFs out there that have shorted these stocks like AMC and GameStop and have the shorts inside the ETF like the single stock short ETFs still have those liabilities that are not closed out of. So when AMC and GameStop run the prices of these single stock sh ETFs go the other way. obviously because the short position loses more and more and more money. and for these long ETFs that have AMC and GameStop inside them that are being shorted by other hedge funds and market makers, when AMC and GameStop goes up, the entire price of the entire ETF goes up alongside, which will obviously cause more people to buy the ETF pushing the price up higher.

So not only do the short ETFs still hold that liability that will go against them during The Squeeze, but other ETFs that are also holding AMC GameStop and other meme stocks will also rock it, causing more people to buy, causing the prices to go up even higher. And as Joshua added or as he believes he said it doesn't really matter because over the last 3 years they've naked shortage so much that he believes the Moas is Unstoppable. Bams Also tweeted this article about a study that says the FED may need up to 4 years to recoup income losses. Bigam said the Fed can't keep bailing out these criminals because obviously every time the plunge Protection Team steps in or every time the FED buys up assets and treasuries, it costs taxpayer dollars.

That's why the FED is taking on these losses and they may need up to 4 years to recoup those losses. But even though the FED can't keep bailing out these criminals, it seemingly doesn't stop Finra from just letting them off the hook. You may have seen this tweet from Finra that says we find Bank of America Securities 24 Milli for engaging in more than 700 instances of spoofing through two former traders in US Treasury secondary markets and related supervisory failures spanning more than 6 years. So if they're spoofing in the treasury markets, they're likely also spoofing in their Equity markets, spoofing stocks like AMC GameStop and others.

And they engaged in more than 700 instances of spoofing over a 6year period. This is what the Department of Justice This was supposed to be investigating investigating short seller spoofing, but it seems these funds these Banks and these institutions are being let off the hook. still with tiny fines. and the reason why the FED can't keep letting these criminals off the hook is because the cracks are starting to show.

A 741 trade tweeted he said: Fidelity brokerage services are experiencing disruptions when purchasing Securities at the exact same time that GameStop was up 40% in just 2 days. It's likely not a coincidence. It's likely that Fidelity was being overloaded and as a result was trying to shut down and trying to cause issues when purchasing. Securities AK trying desperately not to fully turn off the buy button, but just to present issues, disruptions and outages and problems when people were trying to buy shares.

It's crazy that we have all these criminals or these hedge funds institutions are market makers with giant liabilities on their books that could could crash the entire Financial system at any moment, and yet they're still just receiving puny fines. We're literally in the midst of a banking crisis with potentially more Banks still to collapse with banks having hundreds of billions of dollars in losses and between them trillions of dollars in losses. and yet they're still allowed to operate with these crazy leverage ratios putting the entire Financial system at risk. G Gavin has also tweeted about China's state-owned Cicc that's just banned all analysts from writing anything negative or bearish about any Chinese company.

It's crazy how some countries and their regulatory or supervisory bodies can literally ban shorting and distorting in an instant, but yet in the US shorting and distorting is ignored and basically actively encouraged because these mainstream media Outlets are never charged with crimes and these hedge funds just receive tiny fines. the cost of doing business. Why stop illegal activity when you make a billion dollars and all you have to pay for that is a few million dollar if anything that just encourages more shorting and distorting and more illegal crimes. I've said before, how I feel towards the SEC and how I feel the SEC has been absolutely useless over the last 3 years so far.

It seems like nothing will fix the SEC or will cause the SEC to actually fix the crime in US markets. As I've said: I think the only way this crime gets fixed is if these hedge funds end up going bankrupt due to their liabilities in a market crash scenario because these liabilities are still on their books and when those liabilities or those positions go against them, they will end up imploding and going bankrupt. Finally, Orlando tweeted about the weekly GameStop options. You may remember a few days ago a Trader bought tons of GameStop call options and made millions and millions of dollars while GameStop was running up.

but obviously I said we have have to wait for confirmation before we know if the squeeze is really starting or if this is just another fake runup and as a result of GameStop falling yesterday, many of those call options fell 80% and even 90% too. This is why I've said before, we cannot be buying call options unless we're convinced and we have confirmation that squeeze is starting. Otherwise, we're just donating our money to these hedge funds when these options expire out of the money every single week. it's just are wasted money and it's hedge fund profits.

And while someone always knows something, we need to be sure not to get faked out by a fake runup or a fake squeeze. So guys, be sure to let me know what you think down in the comments below. And as always, guys, be sure to ding that notification Bell because that way you'll be alerted when I upload a new video Cheers!.