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$516 Trillion ‘Time Bomb’ Set To Destroy World Economy

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What US billionaire Warren Buffett has called the real 'weapons of mass destruction', the ticking $516 Trillion ‘time bomb’ of the Global derivatives market is set to explode upon all of us, and as we can read as reported by London’s Independent News Service: “The market is worth more than $516 trillion, (£303 trillion), roughly 10 times the value of the entire world's output: it's been called the 'ticking time-bomb'.

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You Live In Interesting Times by Brad Evans on Monday, Oct 13, 2008 at 7:58:30 PM