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Derivatives: The Unregulated Global Casino for Banks

shared by Ariela on Apr 23, 2012 in Economy

Derivatives: The Unregulated Global Casino for Banks

shared by Ariela on Apr 23, 2012 in Economy

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Pick something of value, make bets on the future value of "something", add contract & you have a derivative. Banks make massive profits on derivatives, and when the bubble bursts chances are the tax...
Rank: 947 of 4891 in Economy

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