> The notional size of the derivatives involved is on the order of $360 trillion.
Total worldwide wealth is estimated at only $200 trillion. These derivatives are not serving their useful function as a hedge and are instead being widely used for speculation.
Total worldwide wealth is estimated at only $200 trillion. These derivatives are not serving their useful function as a hedge and are instead being widely used for speculation.
http://www.zerohedge.com/article/detailed-look-global-wealth...