The Great Takening: Your Stocks as Derivatives Collateral

Donate: 🙏 https://www.buymeacoffee.com/slobodnipoI James Patrick explains the core claim behind The Great Takening: assets ordinary people think they “own” (stocks and bonds) can be reused by the banking system as chained collateral in a gigantic derivatives market. He says this practice began decades ago without the knowledge or consent of securities owners, and argues it was later normalized through legal changes — including U.S. adjustments in the 1990s and EU-style alignment in the 2000s. In his framing, if the derivatives bubble ever implodes, automated collateral-grab mechanisms kick in and secured creditors get paid first — while the nominal “owners” are left with nothing. Full episode: https://www.youtube.com/playlist?list=PLJTy3oXCzHShsVuJ-zfiGnx96nuR-BNWB WEB: https://slobodnipodcast.hr/2025/03/09/slobodni-podcast-106-james-patrick-veliko-otimanje-the-great-taken/