Who will bail out Deutsche Bank?
Derivatives are a funny subject because the average person doesn’t understand them. The average person in the financial industry doesn’t understand them. Only the people who created them actually understand them. When a company is able to create $80 trillion in derivatives out of thin air essentially, you know that we have really made a big mistake.
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zerohedge on Twitter: “Dear Congress: here is your answer to “Is Facebook a tech company”… “
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