Socio-Economics History Blog

Socio-Economics History Blog

Craig Hemke: The Existing Global Financial System Is A Ticking Time Bomb

by mosesman

[youtube=https://www.youtube.com/watch?v=NNs6yyO7HE4]

WarrenBuffet-Financial_Derivatives_r_WMD_n_time_bombs_for_the_economic_system

Paul Wilmott, who holds a doctorate in applied mathematics from Oxford University, has warned that the so-called notional value of the worldwide derivatives market is over $1.4 quadrillion (Quadrillion = 1000 Trillion).
Paul Wilmott, who holds a doctorate in applied mathematics from Oxford University, has warned that the so-called notional value of the worldwide derivatives market is over $1.4 quadrillion (Quadrillion = 1000 Trillion).

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