Arnaud De Borchgrave: Fiscal WMDQuicklink submitted by Sheila Samples Permalink
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|Derivatives are the fiscal equivalent of a weapon of mass destruction, potentially lethal, and the consequences of such an explosion would make the recent global financial and economic crisis seem like penny ante. But generously lubricated lobbyists for the unrestricted, unsupervised derivative markets tell congressional committees and government regulators to butt out.|
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