China Investments? Derivatives?
Frederic St. Laurent
Agency Development Manager @ Farmers Insurance | Helping people identify the essence of their dreams and then facilitating the path to achieving them.
After having viewed this documentary over the weekend, I wonder if anyone had thoughts about this potential bubble?
There is a significant amount of money being made in the sale of Derivatives. (Betting against over 400 companies identified. These companies are defrauding investors, here in the US. The estimate of fraud ranges to $1.4 Trillion.)
Is this the newest credit bubble for our economy?
If you have not seen this, you should check it out. If you have seen it or have knowledge of this issue, I would love to hear what YOU think about this.
Agency Development Manager @ Farmers Insurance | Helping people identify the essence of their dreams and then facilitating the path to achieving them.
6 年There are so many variations of "Derivatives" in the market. My understanding is that there are basically 4 types. In this case it appears that a "Put" Derivative (betting on the failure of a fraudulent company) would be the proper, though risky, product to consider. I am not a Financial Advisor, and do not play one on TV. Hoping to hear from people more knowledgeable out there?? By the way, Dan David, who was so frustrated with his being "blown off" by Congress is now running for office! He is someone who is not just sitting back and watching this roll out. He is taking significant action.?