http://www.zerohedge.com/news/2014-04-28/elephant-room-deutsche-banks-75-trillion-derivatives-20-times-greater-german-gdp
Banks are still casinos. In fact the situation is probably worse than before the crash.
BOHICA
Monday, April 28, 2014
Derivatives In Context
In case you mistakenly believe that the world banking system is now peachy keen, take a look at this graph which compares derivative exposure of Deutsche Bank to the German and Eurozone economies:
http://www.zerohedge.com/news/2014-04-28/elephant-room-deutsche-banks-75-trillion-derivatives-20-times-greater-german-gdp
Banks are still casinos. In fact the situation is probably worse than before the crash.
BOHICA
http://www.zerohedge.com/news/2014-04-28/elephant-room-deutsche-banks-75-trillion-derivatives-20-times-greater-german-gdp
Banks are still casinos. In fact the situation is probably worse than before the crash.
BOHICA
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment