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


To: carranza2 who wrote (16030)1/4/2009 12:48:32 PM
From: dybdahl  Respond to of 71405
 
Sorry for my choice of words. What I meant was, that the number $400 trillion of U.S. CDS seems totally unrealistic to me, and I wonder why it doesn't seem unrealistic to you.

I just looked up on Wikipedia, and they say that the U.S. CDS market is $15 trillion, with reference, and that the interest rate derivate market dwarfs the CDS market. In other words, most derivatives are not explosives. I fully realize, that single events can trigger multiple contracts etc., and that's why I have this quest for numbers, instead of totally misleading words like "much", "many", "few" etc.

Where did you find the background for your assumption of $400 trillion of U.S. CDS? What about U.S. interest rate contracts, do you estimate $4000 trillion?