>>4574023 lb cooked book debt hidden in forex market
In case anyone needs to know: last year a study found that a fuckton of debt is hidden in the Forex market in the form of swaps. Its a workaround from Dodd-Frank introduction. Apparently fx swaps go into neither the credit column nor the debit column in the company books. It goes to a footnote with asterisk.
sauce:
https://www.treasury.gov/press-center/press-releases/Pages/tg1773.aspx
https://www.marketwatch.com/story/foreign-exchange-derivatives-may-be-hiding-as-much-as-14-trillion-in-debt-2017-09-18