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> The notional size of the derivatives involved is on the order of $360 trillion. Total worldwide wealth is estimated at only $200 trillion. These derivatives
by d2vid 14y ago
> The notional size of the derivatives involved is on the order of $360 trillion.
Total worldwide wealth is estimated at only $200 trillion. These derivatives are not serving their useful function as a hedge and are instead being widely used for speculation.
http://www.zerohedge.com/article/detailed-look-global-wealth-distribution http://www.zerohedge.com/article/detailed-look-global-wealth...