Defusing the Derivative Time Bomb: Some Solutions

On a whole world-scale derivatives are now ten times the world GDP.  Making bets on future profits and losses before anything is even produced is literally a house of cards waiting to collapse.

Mordor, more than any country in the world, allows the derivative markets free rein. In this article political economist Ellen Frank proposes many solutions from re-enacting previous laws,  to nationalizing banks before they fail, to imposing a 0.1% tax on all transactions.

Read in Global Research

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