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To: Metacomet who wrote (91551)6/15/2012 4:35:37 PM
From: TobagoJack2 Recommendations  Read Replies (2) | Respond to of 217600
 
Nope, am not saying what you said

Am saying there are not many idiotic customers for such cretinously convoluted derivatives in the notional trillions range, and therefore not in the average company, and most important, there is as yet no squid in the domestic market.

There is neither equity culture nor bond tradition in the average mainland china home, and folks generally by real estate, and stuff they can hold in pocket, as places to rent, and as deep reserve. Without the culture and tradition, it is difficult to get a derivatives game going.

Otoh, derivatives are available in just about all flavors in hong kong, and for those who experimented by imbibing, got predictably burnt, either charred or to cinder. But I am relatively more sympathetic when folks choose to donate to freedom hong kong or pay necessary tuition to get learned.

Money naturally gravitate to the strong hand. Derivatives makes one weak.