Ellen Brown: Defusing the Derivatives Time Bomb: Some Propos

Ellen Brown: Defusing the Derivatives Time Bomb: Some Proposed Solutions

Photo by Aditya Vyas on Unsplash By Ellen Brown / Original to ScheerPost This is a sequel to a Jan. 15 article titled “Casino Capitalism and the Derivatives Market: Time for Another ‘Lehman Moment’?”, discussing the threat of a 2024 “black swan” event that could pop the derivatives bubble. That bubble is now over ten times the GDP of the world and is so interconnected and fragile that an unanticipated crisis could trigger the collapse not just of the bubble but of the economy. To avoid that

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