muses of the moment

April 2, 2013

Derivatives

Filed under: Credit Derivatives, Economic Crisis, European Debt Implosion, Global Debt, The Financial Crisis — totallygroovygirlfriday @ 5:05 pm

Derivatives are the big problem, as Jim Sinclair points out here.

Derivatives are never impacted right away, the trigger travels around and eventually causes the next contraction in global debt. This happens because the majority of global derivatives are not regulated or tracked, so no one knows how they are connected to Cyprus or Greece or anything else. So, we just have to wait and see.

Should be interesting.

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