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RE: The single greatest transfer of wealth is about to take place, will you be apart of it?

in #money8 years ago

According to many top financial analysts the $1.5 QUADRILLION (That’s $1,500,000,000,000,000,000) financial derivatives market may be a time bomb waiting to explode with catastrophic consequences. $1.5 QUADRILLION is more than 10 times the GDP of the entire world and over $100,000 for each of the 7 billion inhabitants of our planet. These financial instruments have a legitimate place in hedging risk, yet the recent explosion of growth in the global derivatives market has created a huge potential for massive instability. Most disturbing is the fact that 95% of all U.S. derivatives are monopolized by just five megabanks and their holding companies. To put that in perspective, the gross domestic product of the United States is only about 14 trillion dollars. In fact, the total market cap of all major global stock markets is only about 30 trillion dollars. So when you are talking about 1.5 quadrillion dollars, you are talking about an amount of money that is almost inconceivable. Most Americans don’t realize it, but derivatives played a major role in the financial crisis of 2007 and 2008. So what is going to happen when this insanely large derivatives bubble pops?

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