The BIS ''Hidden USD Debt'' Story Explained

On today's edition of Boiler Room, Alfonso Peccatiello walks through his most recent article on The Macro Compass titled "The BIS ''Hidden USD Debt'' Story Explained". This week the Bank for International Settlements (BIS) released a bombshell report that made the rounds reporting on the roughly $100 Trillion in "hidden" USD debt. Alfonso walks through the mechanics of the report and dispels some of the doomsday scenarios that made some headlines. To find out more, you'll have to tune in! — Follow Alfonso: https://twitter.com/MacroAlf  Follow Blockworks: https://twitter.com/Blockworks_  Follow Boiler Room: https://twitter.com/PodBoilerRoom Subscribe To The Macro Compass: https://themacrocompass.substack.com/  Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ — Referenced In The Show: The BIS ''Hidden USD Debt'' Story Explained: https://themacrocompass.substack.com/p/usd-hidden-debt#details Dollar debt in FX swaps and forwards: huge, missing and growing: https://www.bis.org/publ/qtrpdf/r_qt2212h.htm — Timestamps: (00:00) Intro (02:14) King Dollar Matters (05:46) What’s This ‘‘Hidden Debt’’ All About? (09:18) Where Is The Problem? (14:27) Final Thoughts — Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.