Market which followed only 10 years after this you can trade an option that has no Intrinsic Value at all it just has implied value based on. Time to time value plus. The volatility or beta so if you have been on a stock and the option is to buy the stock in the 6 months in the future and the underlying stock goes up and down a lot then you have an implied value for that option right and so its a way to price risk but the way to price risk is the need to know time time best have value time has to use the and align prevailing Interest Rate to establish a baseline of the value of time from now on the curve from short to long so if youre negative as weve said before you have no value of to. Time as a matter of fact time as a negative value i have often quipped that negative Interest Rates are a way for Goldman Sachs to go backwards in time and steal from clients in the past you know having looted all their current clients and future clients they need to go backwards in time so negative In
Bigger than the 2001 bigger than the i would say probably bigger than Long Term Capital Management bail of bigger than the 87 bell this is the biggest bailout ever and i would suggest to viewers out there you go to duck duck go dot com or start praise stunt net because google results and actually give you the results from 2008200920 extension 10 when kais report was talking about these money markets when they broke the buck and that almost collapsed the Global Financial system it wasnt just bear stearns and Lehman Brothers of those sort of banks class and was the money market funds and thats what you really have to look for and this seems to be what the fed has been rescuing in the past week more than like a bank and you know Wells Fargo Bank branch at the corner having a bank run its like the actual trillions and trillions of dollars that could bring down the system again we dont know yet whats going on well find out soon im sure though so again another story that you should go to duc
Time since Global Financial crisis but demand for cash is greater than feds liquidity injection of 75000000000 and then the next day they printed another 75000000000 so thanks for starting to look a little bit like 20072008 when weird little ruptures and ruptures in the whole Financial System were starting to emerge all right well the key phrase there would be a bank run. On the money market funds yeah right so you know we know what that means that means member Northern Rock in the u. K. They had a bank run that was part of the 2008 crisis or in the 1929 crash we had a bank run this is when the bank is insolvent and folks are concerned about their money so they panic withdraw the money so here you have 1. 00 of the foundation blocks of the Global Derivatives market the repo market and its being bailed out every day now by 75000000000. 00 a day so its the biggest per day per hour ive never seen a bail up on an hourly basis this big ever in history bigger than the 2008 crisis bigger than
States and the European Union this would be welcome money so this is significant but the battle is really not over their forces on the ground which are facing off each other at the front lines are still being drawn the new map of northeastern syria is still being drawn as behind the scenes negotiations continue between among the different players in a hotel with the latest there from the turkey syria border think you well joel rubin is a former senior official of the u. S. State department and joins me live now from washington d. C. Sir thank you so much for joining us here on aljazeera i guess 1st of all your reaction to this statement the u. S. President saying is going to issue an executive order authorizing sanctions i mean he had spoken about sanctions before do you get the sense that its a president under pressure because this move within the u. S. Has been received so badly let alone in the region itself. Yeah absolutely this is a day late and a dollar short we like to say here
An hour and a half ago trump was on twitter saying that the the fate of the kurds really was not the u. S. Concern that it was a border 7000 miles away in his words and that the u. S. Should really be focused on its domestic borders and he went on to write on twitter anyone who wants to assist syria in protecting the kurds is good with me whether it is russia china or Napoleon Bonaparte obviously downplaying the concerns of some of his own supporters in Congress Like senator Mitch Mcconnell who is a notable republican normal of the ally of trump who has said that because now syria assads army is advancing to the north now that this created a very dangerous power vacuum and that it is a catastrophic outcome in his words for the u. S. Strategic interests there barbara how does your coaster with delays from washington d. C. Hi do you think you. Will soon go. Forces have been quick to take advantage of the abrupt u. S. Retreat from syria theyve moved into the strategic. Well as other towns