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IPFS News Link • Economy - Economics USA

Derivates Trade Soars to Record $681 Trillion

12-11-07 • Michael Shedlock / Mish

Several hedge funds are going to get carted out on a stretcher all at once and cause a cascade of defaults. When the event comes, those hedges will prove to be worthless.

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Derivates Trade Soars to Record $681 Trillion

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