"The hundreds of trillions of dollars worth of derivatives, written by the wall street people, will be terminal to the USA
when even a small fraction of those derivatives go bad, intentionally or unintentionally."
What a fascinating ultimate sentence in this 2015 Counterpunch press report titled “Wall Street and the Military are Draining Americans High and Dry”
How can derivatives intentionally go bad, I don’t get it. And “terminal” makes it sound like some lethal metastatic cancer has infected the US government and totally metastasized and taken over every part …
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