nice try, but derivatives aren’t responsible for this
March 18, 2009 No comments yet
Sometimes problems are bigger than we thought. Sometimes we need a bigger boat.
Here’s a reblog of an article by DKMatai which calculates the face values of “all derivatives”. I think this article is sensational and incorrect to use this sort of math to estimate the size of the financial crisis.
http://www.siliconvalleywatcher.com/mt/archives/2008/10/the_size_of_der.php
There are risks to [...]
