The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (16016)	1/4/2009 9:53:20 AM
From: dybdahl	Read Replies (2) of 71405

As I just wrote, CDS contracts seem not to be an essential part of your total volume numbers. In other words, it doesn't make sense to say "Because CDS ..." and "The total volume is $500 trillion" in the same discussion. The question is, what are those $500-$1000 trillion of derivatives? If I would take you on your word, they all cancel out each other and have no significance for the world economy. I assume that was not what you intended to communicate :-), so the question is, what are those $500-$1000 trillion? My guess is, that most of it is unsummable derivatives that somebody summed because he didn't attend mathematics 101 at the university.

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