THE STOCK MARKET SOAP BUBBLE

CDOs (collateralized debt obligations) were financial derivatives which caused 2008 banking crisis. CDOs were only a small fraction of a global financial derivative  bubble.This graph shows that before 2008 crisis, derivative bubble reached almost $700 trillion (for comparison world GDP in 2008 was $63 trillion). Monetary easing (QE) is forced monetary policy that followed as a consequence of the… Nastavite čitati THE STOCK MARKET SOAP BUBBLE