This is not a very meaningful question, is it? The term "derivatives" covers all kind of different instruments which it may not make sense to just add together, we can only see the notional value in most cases, there are things like counter-party risk that lurk below the surface etc.
Presumably you are looking for a number to make a rhetorical point, in which case it seems reasonable to use large numbers such as the above. Or are you looking for something more specific? -raghu. On Sun, Jan 18, 2015 at 11:14 AM, Patrick Bond <[email protected]> wrote: > Hard to find a real figure, so let's start on the frightened side: > > Here's the $8 quad highest estimate, by one Webster Tarpley: > http://investmentwatchblog.com/alert-derivative-notional-values-could-be-as-high-as-8-quadrillion-dollars-watch-video/ > > Here's a $1.5 quad estimate from Max Keiser's RT show: > > http://www.maxkeiser.com/2014/07/marshall-swing-1-5-quadrillion-in-derivatives-will-collapse-in-2015-entire-financial-system-to-implode-in-an-hour/ > > Here's a $1.2 quad estimates from Yves Smith: > > http://www.nakedcapitalism.com/2013/03/worldwide-derivatives-market-estimated-as-big-as-1-2-quadrillion-as-banks-fight-efforts-to-rein-it-in.html > > And it's repeated by a mainstream US website: > > http://www.dailykos.com/story/2014/04/01/1288919/-What-Happens-if-the-1-2-Quadrillion-Derivative-Market-Crashes > > BBC now says $1 quad: > BBC Two on Twitter: "The derivatives market is worth one ... > <https://twitter.com/BBCTwo/status/555836123503529984> > https://twitter.com/BBCTwo/status/555836123503529984 > 3 days ago - The *derivatives* market is worth one *quadrillion* dollars > > so does that guy in Tulsa: > Russia: A Quadrillion Reasons - Bullion.Directory > <http://bullion.directory/russia-a-quadrillion-reasons/> > bullion.directory/russia-a-*quadrillion*-reasons/ > Dec 24, 2014 - The *quadrillion* of *derivatives* according to Warren > Buffett contain numerous financial weapons of mass destruction that can > implode the entire western financial ... > > Any better source out there? > > Thanks comrades, > > Patrick > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > >
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