Wednesday, August 15, 2012

currency change


what are derivatives Advertising Space - After your Hub is published advertisements may be placed in this space. Trillions of dollars out there. First,i am a "know-it-nothing"in the big finance arena.I will never claim to be a banking expert,but i did sleep in a Holiday Inn a few times.The derivative topic is exciting because the experts have many diverse opinions on this subject..My opinion, the derivative is a unregulated bet on future market rates in many markets.It can be a strong gamble for the 'too big to fail banks' . Them cats could doink doink a whole country's economy.. Regulators are now saying to banks "no more bailout money or it is less likely." We a willa smacka your greesy fingas,lol. major holders of derivatives are:: $44.192 Trillion - Goldman Sachs $50.135 Trillion - Bank of America $52.102 Trillion – Citibank $70.151 Trillion – JP Morgan Chase Maybe they could buy the 16 trillion national debt with derivatives.That may be better than selling the debt to China. Do banks have the ability to pull trillions out thin air?
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