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The Horrific Derivatives Bubble That Could Destroy Entire World Financial System
The Market Oracle ^
| 9 Aug, 2010
| Michael Snyder (via Pravda)
Posted on 08/09/2010 6:07:25 PM PDT by Errant
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To: Errant
This thread is about derivatives. You’re railing about bailouts.
Two different things.
The *derivatives* are economically harmless. They are financially neutral. For every company that they kill, that much wealth is transfered to another.
That just moves money around...it doesn’t...and can’t...cause an economic collapse.
41
posted on
08/10/2010 8:43:11 PM PDT
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Southack
The *derivatives* are economically harmless. Tell that to AIG!
42
posted on
08/10/2010 9:02:18 PM PDT
by
Errant
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