A derivative, put simply, is a contract between two parties whose value is determined by changes in the value of an underlying asset. Those assets could be bonds, equities, commodities or currencies. The majority of contracts are traded over the counter, where details about pricing, risk measurement and collateral, if any, are not available to the public.
In other words, a derivative does not have any intrinsic value. It is essentially a side bet. Most commonly, derivative contracts have to do with the movement of interest rates. But there are many, many other kinds of derivatives as well. People are betting on just about anything and everything that you can imagine (they even now have weather derivatives), and Wall Street has now been transformed into the largest casino in the history of the planet
Never before in the history of the United States have we been faced with the threat of such a great financial catastrophe. Sadly, most Americans are totally oblivious to all of this. They just have faith that our leaders know what they are doing, and they have been lulled into complacency by the bubble of false stability that we have been enjoying for the last couple of years. Unfortunately for them, this bubble of false stability is not going to last much longer. A financial crisis far greater than what we experienced in 2008 is coming, and it is going to shock the world.
THIS IS AN ENORMOUS MARKET.. NOBODY EVEN KNOWS ACTUALLY HOW HUGE IT REALLY IS, BECAUSE IT IS SO SECRET !!
ESTIMATES RANGE ANYWHERE FROM $700 TRILLION.. TO AS MUCH AS $1.5 QUADRILLION DOLLARS !!
AND NO ONE HAS ABSOLUTELY ANY IDEA AT ALL WHAT THEY MIGHT ACTUALLY BE WORTH AT ANY TIME... THE LARGEST PONZI SCHEME THE UNIVERSE HAS EVER SEEN !!!
~ Video: Wall Street's Derivatives Scam
~ Amount of Total Derivatives Is Almost Unimaginable
~ Big Risk: $1.2 Quadrillion Derivatives Market Dwarfs World GDP
~ Big Banks and Derivatives: Why Another Financial Crisis Is Inevitable
~ The Size of the Derivatives Bubble Hanging Over the Global Economy Hits a Record High
~ Video: Bill Moyers, Matt Taibbi and Yves Smith on Big Banks (CDO's & Derivatives) ...these three are ones to follow should you want to know what's really going on..
And be sure and do your own broad based research.. see what you can learn on your own
