3 ms·
Worth noting: that figure of $581tn is the total worldwide exposure in derivatives, not the actual amount lost. They give the much more reasonable figure of $1.
by archangel_one 14y ago
Worth noting: that figure of $581tn is the total worldwide exposure in derivatives, not the actual amount lost. They give the much more reasonable figure of $1.1tn earlier, and suggest that's unlikely to be accurate, but then go on to visualise the higher amount as though that's what the crisis cost with no real evidence at all.
Given the nature of derivatives, it might well not be possible to lose that much ever, even if the zombiepocalypse happens.