The stock market's castanet

January 21, 2008

A week down and today a 7%, no more and no less, they blame Wall Street but it is not so, they also blamed the Arkansas subprime mortgages and it was not so either, the point is that a Derivatives Market has been created that doubles the volume of the Real Market and it is basically speculative, that is, what we have is a crisis of confidence.


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