1.5 quadrillion dollar derivatives bubble that could usher in a new dark age

[Mike_Yates]

If it bursts, it could not only collapse the US economy, but the entire global financial system as well.

http://theeconomiccollapseblog.com/...day-destroy-the-entire-world-financial-system

 

[removed020613]

Listening to Alex Jones again?

 

[eyer]

1.5 quadrillion...

How may zeroes in that, Mike?

 

[texas_gal]

If it bursts, it could not only collapse the US economy, but the entire global financial system as well.

http://theeconomiccollapseblog.com/...day-destroy-the-entire-world-financial-system

Do some real research before you post something based off a blog, there are databases that contain a multitude of peer reviewed journals such as Jstor or EBSCOhost. When it comes to derivatives the financial press likes to publish the notional value of derivatives, because it sounds terrifying. 1.5 quadrillion dollars is way more than the world's total financial assets. I suggest you Google GROSS MARKET VALUE OF DERIVATIVES and find out how much is really tied up in the derivatives market.