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Help needed for Global financial stupid person, me

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    Help needed for Global financial stupid person, me

    And now top financial experts are warning of a new financial crisis altogether, since the monstrous derivatives market that played such a nefarious role in the preceding crisis has not been altered, nor have its systemic risks been addressed. The derivatives market - essentially a fictional electronic market of high-stakes gambling - has a value ten times that of the entire global gross national product of the world's countries combined. This market is dominated by hedge funds and the "too big to fail" banks, who in fact created the derivatives trading schemes. As one leading hedge fund manager recently stated, "There is definitely going to be another financial crisis around the corner... because we haven’t solved any of the things that caused the previous crisis." The market for derivatives is somewhere in the realm of $600 trillion.

    http://www.globalresearch.ca/index.php?context=va&aid=25089

    #2
    Derivitive definition.
    http://en.wikipedia.org/wiki/Derivative_(finance)

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      #3
      Yes Hop this thing is many, MANY times bigger than the TOTAL World GDP & GROWING with no sign of slowing down. Hmmm wasn't there supposed to be massive new regulations to stop this kind of stuff way back in 08. Oh well To Big TO Fail. Look out below. The Bigger the Bullet, The Bigger The Bitch Go BANG!!!! Yes she gon blow & it ain't gon be Purdy.....

      http://www.youtube.com/watch?v=mZLBO-JgZk4&feature=related - Economic Hitmen - A Must See

      http://www.youtube.com/watch?v=A9QEhxypDZE - John Perkins - REVEAL the EVIL Corporations

      http://www.cbsnews.com/video/watch/?id=4668112n&tag=contentMain;contentBody - Option Arms & Alt-A Loan Resets: The Second Wave

      There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt. - John Adams - 1735 - 1826

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