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William F. Buckwheat Jr.
Lv 5
William F. Buckwheat Jr. asked in Social ScienceEconomics · 5 years ago

Big Banks monkeying with 1 1/2 Quadrillion in derivatives, what's the economic consequences of this?

2 Answers

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  • mayo_carl
    Lv 7
    5 years ago

    the consequences will be the same as those of ALL financial bubbles throughout history:

    everyone who holds a portion of the overpriced investment will be holding worthless paper when the bubble bursts.

  • choko_canyon
    Lv 7
    5 years ago

    Oh I think you can figure that out.

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