Derivatives Powder Keg Threatens Economy
February 16, 2009 4 comments
There is a quadrillion-dollar powder keg sitting at the center of the world financial markets. If the economy keeps on it present course, it will be ignited into a financial supernova. This is the result of the combination of greed and computers—derivatives.
The Derivatives Powder Keg
Derivatives are financial instruments whose values are derived from something else [...]
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