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Critical Mass: The Mispricing of Derivatives Risk And How the Financial World Ends

- Jesse - Jesse's Cafe

Like sands through the hourglass, those were the days of derivatives.

Commented 4638 days ago

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Beginning of the headline :Jim Sinclair does a good job of explaining the difference between the notional and real value of derivatives, and how that real value comes to bear on the financial system in the event of a default. You can read thishere for a review of the basic concept if you do not understand it. Within my own view of money, uncollateralized financial instruments like derivatives are credits, or potential money... Read More

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