That's the size of the derivatives market. It was a 'mere' $106 trillion in 2002. [source]
For an explanation of the hugeness of this market, try Robert Feinman's post (see also this cartoon).
Can't find the link to the cartoon.
Would you like to comment on this post (or, in response to one of the comments)? If so, please note:1. This blog does not allow anonymous comments (any more), so please use an open-id account to comment. 2. Comments on posts older than 15 days go into a moderation queue, and may take some time to appear.Thank you for joining the conversation. Have your say:
Can't find the link to the cartoon.
ReplyDelete