$65 Trillion of Derivatives Debt Sparks Concern

The video discusses the misleading nature of headlines about missing trillions in the financial markets, focusing on the role of the Bank for International Settlements (BIS) in monitoring financial stability. It explores the impact of central bank interventions, such as quantitative easing, and the transition from Libor to risk-free rates. The discussion highlights the shift of risks to shadow banking systems and the changes in the derivatives market. The video concludes with a call for BIS to better understand and assess these shifts and their implications for global financial stability.

What concerns are raised about the shadow banking system in the context of financial regulation?

Discuss the impact of quantitative easing on market risks as highlighted in the text.