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To: Georgia Girl 2

But what are these derivatives that might crash? We could see it coming with the subprime mortgages and the derivatives based on such mortgages...but there is nothing (no bubble) of any great size visible at the present time.


57 posted on 03/18/2014 9:32:23 AM PDT by RoosterRedux (The only true wisdom is in knowing you know nothing -- Socrates)
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To: RoosterRedux

I am not an expert on the derivatives market but supposedly its llike 300 trillion dollars or some insane figure. Also all these guys who are committing (maybe) suicide are covered by derivative insurance policies that pay off into the millions. The payment is to the company not to their family.


67 posted on 03/18/2014 3:21:39 PM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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