21
149 trillion in equity swaps due to expire on 12/15
(lemmy.whynotdrs.org)
I saw this deleted at Superstonk. If they are trying to silence it, then it must be good.
I wonder how many GME shorts are hidden in these swaps???
The article that you linked to "Bank Books: €149 TRILLION Equity Swap Due to Expire ("Settle") on December 15" links in turn to the article "UBS Bank Branch in Basel Switzerland DENYING Withdrawals - 'Liquidity Challenges'" –– which I thought was interesting.
As @Chives said, Hal Turner did not provide a source for the screenshot of the equity swap –– making it difficult to judge its reliability and significance.
The event timestamp is 1970-01-19 –– shortly after the Unix epoch on Thu 1 Jan 1970.
In the "Supplemental Thoughts" section, Hal tries to draw a connection between this equity swap and the Russia-Ukraine war –– but he doesn't provide satisfactory evidence for this connection.
The "event timestamp" is most likely stored in epoch seconds but being interpreted as epoch milliseconds. If you correct that, it works out to March 3rd, 2021.
Edit to add: Regardless, I am calling this a nothingburger, I'd be willing to bet that the 999... value is just a placeholder for unknown values.
Good thinking. That matches the publication timestamp.