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To: politicket

“There are a lot of other things that concern the derivatives market directly but are pretty complex to explain unless you have a very serious economic background.”

Not sure how serious my background is.

A B.S. in finance - with the required economics courses that went along with that.

But things have changed alot since then.

I know enough to know there is much I do not know (make sense?)

But as I have not worked in the world of finance over the years - have not kept up with much of the lingo I see being bandied about.

So...basic understanding of basic principles here - I know at some point there will be a “panic” button, I’m just not sure I know enough to understand it when it happens (hopefully in time to something useful about it)


138 posted on 09/19/2008 10:41:34 PM PDT by Scotswife
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To: Scotswife
So...basic understanding of basic principles here - I know at some point there will be a “panic” button, I’m just not sure I know enough to understand it when it happens (hopefully in time to something useful about it)

If you understand the concept of "credit default swaps" in the derivatives market then you might want to follow those as well. A lot of games are being played with these.

141 posted on 09/19/2008 10:45:33 PM PDT by politicket (Palin-tology: (n) - The science of kicking Barack Obambi's butt!)
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