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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (16023)1/4/2009 10:49:09 AM
From: dybdahl  Read Replies (1) | Respond to of 71405
 
My problem is not to understand each derivative as such - my problem is to find out, what "many" means. You say that "many derivatives ... pyramid...". Does that mean $1 million, $1 billion, $1 trillion or more? And are these actually summable? Some derivatives, which sum to $10 trillion, can easily collapse and cause actual damage for much less than $0.1 trillion. If that's the majority of the derivatives, then $500 trillion of derivatives worldwide could collapse with a total damage of $5 trillion.

I'm searching for facts, but I'm not searching for "what". I'm searching for "How much", "Which" and "In which environments".

If it doesn't take much raw material to build a pyramid, then it also doesn't produce much garbage to tear it down.