Financial Armageddon Approaches: U.S. Banks Have 247 Trillion Dollars Of Exposure To Derivatives
Financial Armageddon Approaches: U.S. Banks Have 247 Trillion Dollars Of Exposure To Derivatives Webmasters explanation: “A derivative is basically a bet. The stock market is a bet, but at least when you buy stock you own part of a company that provides goods or services, so it usually has some intrinsic value. When you own a derivative, […]