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Something, Somewhere, Is Going to Break w/ Jeffrey Snider

Real Vision: Finance & Investing

00:00

How Big Is the Eurodollar Market?

CNN's John Defterios talks about the death of Eurodollar futures and LIBOR. He says central banks were trying to manipulate LIBor in 2008, which was a better representation of monetary system than anything central bankers had or actually what they wanted us to believe. How big do you think it is? I have no idea, Ro. It's immense. We're talking dozens of trillions, maybe a hundred trillion.

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