Political Irish | The Irish Politics & Current Affairs Website

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

  • Before posting anything about the COVID-19 virus, please read this first Click Here

Hot The "$1.5 Quadrillion worth of Toxic Derivatives- bang! Yippee!! Welcome to Mad Max!" Thread

OP
Dublin 4

Dublin 4

Moderator
PI Member
Joined
Nov 21, 2015
Messages
33,396
Likes
23,424
OP
Dublin 4

Dublin 4

Moderator
PI Member
Joined
Nov 21, 2015
Messages
33,396
Likes
23,424
 
OP
Dublin 4

Dublin 4

Moderator
PI Member
Joined
Nov 21, 2015
Messages
33,396
Likes
23,424
 
OP
Dublin 4

Dublin 4

Moderator
PI Member
Joined
Nov 21, 2015
Messages
33,396
Likes
23,424
 
OP
Dublin 4

Dublin 4

Moderator
PI Member
Joined
Nov 21, 2015
Messages
33,396
Likes
23,424
 
OP
Dublin 4

Dublin 4

Moderator
PI Member
Joined
Nov 21, 2015
Messages
33,396
Likes
23,424
 
OP
Dublin 4

Dublin 4

Moderator
PI Member
Joined
Nov 21, 2015
Messages
33,396
Likes
23,424
 
OP
Dublin 4

Dublin 4

Moderator
PI Member
Joined
Nov 21, 2015
Messages
33,396
Likes
23,424
 
OP
Dublin 4

Dublin 4

Moderator
PI Member
Joined
Nov 21, 2015
Messages
33,396
Likes
23,424
 

valamhic

PI Member
Joined
Jan 25, 2019
Messages
4,085
Likes
1,910
The derivatives market is 20 times the worlds GDP according to one video I watched. I am only familiar with the wind farm industry and all of them are losing ,money and can never repay their capital cost within the lifetime of the plant. In that case the wind farms are only a vehicle for launching derivatives. In fact Eddie O'Connor said that ban objection to an off shore wind farm prevented him entering a derivative contract with cost his dearly. It could be that all companies are nothing more than vehicles for trading their stocks. Could they all be just Ponzi schemes?

My figures suggest the whole thing should have collapsed last year, but its still going strong. Wierd
 
Last edited:
OP
Dublin 4

Dublin 4

Moderator
PI Member
Joined
Nov 21, 2015
Messages
33,396
Likes
23,424
 
OP
Dublin 4

Dublin 4

Moderator
PI Member
Joined
Nov 21, 2015
Messages
33,396
Likes
23,424
 
Top Bottom