Transcribed
Derivatives: The Unregulated Global Casino for Banks
FF 95594 731 A FF 95594731 A ONEH NDREDDOLL KRS 0o0'OTS FF 95594731 A IUNDR EDDOLLARS $1 TRILLION $1,000,000,000,000
Derivatives: The Unregulated Global Casino for Banks
shared by Ariela on Apr 23
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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...
payer will end up with the bill.
This visualizes the total coverage for derivatives (notional). Similar to insurance company's total coverage for all cars.
Source
http://demon...osure.htmlCategory
EconomyGet a Quote
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