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Monday, November 23rd, 2009

Posts Tagged ‘ higher prices ’

Derivatives Estimated to be More than $700 Trillion

Apr 22nd, 2008 | By Richard Daughty | Category: Politics & Economics

The total value of the existing global gargantuan globular glut of derivatives is estimated to be more than $700 trillion! Compare this stupefying fact to the associated fact that global GDP is only about a lousy $50 trillion!

Tags: Ben Bernanke, economics, Gdp, higher prices, inflation, lower production, politics, recession, US economy crisis
Posted in Politics & Economics | No Comments »

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