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American Industries (lemmy.ml)

submitted 3 days ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] HiddenLayer555@lemmy.ml 8 points 2 days ago (4 children)

Derivatives?

[–] Transform2942@lemmy.ml 16 points 2 days ago* (last edited 2 days ago) (3 children)

Derivatives is a blanket term that refers to a variety of complex financial "bets" that are available to "sophisticated investors". It's worth knowing that the derivatives market is over ten times larger than the value of all the stocks in the US stock market, at ~$850 trillion with a T. This definitely won't cause any systemic issues like it did last time

[–] HiddenLayer555@lemmy.ml 6 points 2 days ago* (last edited 2 days ago) (1 children)

Thank you!

[–] Transform2942@lemmy.ml 6 points 2 days ago

Of course!

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