Sunday, June 10, 2012

America’s Derivative Market is Unbelievably Huge & Totally Unregulated – Take a Look at Which Banks Own How Much

"The derivative market has blown a galactic bubble…and since there is literally no economist in the world who knows exactly how the derivative money flows or how the system works,…we really don’t know what will trigger the crash, or when it will happen, but considering the global financial crisis this system is in for tough times. [If, and when, it happens it] will be catastrophic for the world financial system. If you ever wanted a tool to help yourself or others visualize the staggering magnitude of US debt and derivatives, the infographic below is a good one to share. It visualizes who those 9 too-big-fail banks are, what their derivative exposures are, and what scandals they’ve been lately involved in..."

at http://www.munknee.com/2012/06/americas-derivative-market-is-unbelievably-huge-totally-unregulated-take-a-look-at-which-banks-own-how-much/

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