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Reply #29: The derivatives market was so far out there [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-11-10 09:52 PM
Response to Reply #4
29. The derivatives market was so far out there
That it was in the realm of 250+ trillion, I think?

They were betting on money that COULD NEVER EXIST, even if the whole world tried to put the money together.

Why they actually needed money when they were spinning it out of moonbeams is the $64,000 question.
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