Global Derivatives

Global Derivatives: The $1.5 Quadrillion Ticking Timebomb

By Stephen Lendman When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements (BIS) data show around $700 trillion in global derivatives.  Along with credit default swaps and other exotic instruments, the total notional derivatives value is about $1.5 quadrillion – about 20% … Continue reading →