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RE: Comparing All The World's Money & Markets.
Everything you can think of has a derivative. They even have derivatives of derivatives.
Everything you can think of has a derivative. They even have derivatives of derivatives.
When do you think the derivative market will implode?
Never. there is nobody who knows any of the conditions well enough to decide if any of them should pay out.
It has already imploded, they are just pretending it hasn't, because if they don't its game over. It will take teams of lawyers decades to unscramble them.
Isn't that the truth. Organic, synthetic, and whatever else they can think of.
Then they insure the derivatives by creating more derivatives...and so on....well at least until the music stops.
Just ask Lehman...