How much outstanding in derivatives in the world? | $ 684 trillion
It is impossible to comprehend this amount of money. $531 UPDATE $684 trillion represents 3 or 4 times the combined value of the worlds equity markets, bond markets, and world GDP. It is a stunning number. There is a possibility that we need to add in the combined value of homes and other assets in the world to come to terms with the number, but then we risk double counting assets which are already valued in equity markets. Need to think that through some more. This can only be described as ponzi money – money that is levered and based … Continue reading How much outstanding in derivatives in the world? | $ 684 trillion
