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To: axial who wrote (14240)9/10/2009 12:52:41 PM
From: maceng2  Respond to of 24921
 
another little snippet from the FT article.

A Chinese regulator was recently quoted by domestic media calling derivatives “financial opium”, comparing them to the lucrative drugs that British traders peddled to the Chinese in the 18th century

that brings to mind some history.

en.wikipedia.org

Hope we don't end up with "derivative_wars" as an entry in wikipedia. We would almost certainly lose for a start.


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