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The global derivative nuclear time bomb

 
 
JB70
 
Tue 10 May, 2022 10:03 pm
There is very little regulation in this market. And it´s much larger than global GDP.

"Wilmott estimates the derivatives market at $1.2 quadrillion, to put that in perspective it is about 20 times the size of the world economy."

A few criminal actors are basically holding the world hostage.

If it collapse so will everything else in very short time.

https://seekingalpha.com/article/4046338-derivatives-explode-like-bomb


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JB70
 
  -1  
Tue 10 May, 2022 10:33 pm
Talk about insanity Drunk
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JB70
 
  -1  
Wed 11 May, 2022 12:49 am
They are to big to fail so there are no stupid trades. The risk is on the taxpayers who must bail them out again.

Socialism for the super wealthy.
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