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ian commented on the public link Warren Buffett: "Derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal" (2002)
1 year 260 days ago
 
6 years later, as Mr. Buffet warned, unregulated derivatives could be on the brink of unraveling the global banking system:

http://www.myprops.org/content/45.5-Trillion-Credit-Default-Swap-Marke...
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