What about the quadrillion dollars worth of derivatives out there? Who’s gonna pay that?
“What about the quadrillion dollars worth of derivatives out there? Who’s gonna pay that?”
There is, apparently, many more times the “money” floating out there as derivatives than all the cash on the planet, in all currencies. I have no idea how to answer your question. I think the answer is it’s a can, like all the other cans, Social Security and the like, being kicked down the road.