Breaking: FED Chief Janet Yellen Announces Interest Rate Hike Resulting in Trillions of Dollars Come Due in Derivatives.

Breaking, just now, on my California web site dailynews.com ... Janet Yellen says she and her collueges will raise interest rates by years end. I don't follow financial news to much anymore ... but when I did I vividly remember that if the FED ever raised interest rates that hundreds of trillions of dollars in derivatives come due! A derivative is a "side bet". A heavily favored one sided bet that hasn't changed in years but suddenly now it will change. Now imagine this senario.... Yellen increases rates, the Saudi's will be allowed to "get sued" by average Americans hurt by 9-11. So the Saudi's remove all their assets from our country (trillions in securities) ... then Germany's Deauche Bank pulls a Leman Brothers and goes bankrupt with no bailout. All these three things are very very likely to happen. Financial DOOM ON!!