yes. the derivatives built on top of bad home loans caused the contagion. it would have been close to a non-event if there were no derivatives based on the bad

yes. the derivatives built on top of bad home loans caused the contagion. it would have been close to a non-event if there were no derivatives based on the bad homeloans. https://www.investopedia.com/financial-edge/0210/did-derivatives-cause-the-recession.aspx https://www.investopedia.com/financial-edge/0210/did-derivat... https://www.thebalance.com/role-of-derivatives-in-creating-mortgage-crisis-3970477 https://www.thebalance.com/role-of-derivatives-in-creating-m...