Quoting an article from "Moneyweek" dated Sep 05, 2007
http://www.moneyweek.com/investments/stock-markets/derivatives-the-mother-of-all-bubbles.aspx
It states concerning the value of derivatives holdings and I quote directly "The latest estimates judge it to be worth some $236 trillion – or about eight times the GDP of the entire planet. In other words, it is a bubble larger than the world itself"
Are we mad? What is wrong with this picture?. That was 2 years ago. look what happened since and what is still happening. We all follower the derivatives pied piper over the edge.
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