Derivatives

Europe Debt Crisis / Greek Debt Crisis Tip Of The Iceberg For Derivatives

, Categories: Just My Opinion

Europe Debt Crisis / Greek Debt Crisis Tip Of The Iceberg For Derivatives

Greek Debt Crisis is just the tip of the iceberg according to a great article I read today in Forbes online magazine. Hedge fund manager Mark Mobius is quoted in the article as saying that nothing was solved from the last financial crisis and another lurks “just around the corner”. He points out that aside from the Greek Debt Crisis, global derivatives are probably total $600 trillion dollars with absolutely no regulations and no ideas how damaging they could be to not just the United…

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