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LBRY Claims • I2R-What-are-Derivatives---Financial-Weapons-of-Mass-Destruction

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30 Apr 2021 15:19:40 UTC
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Derivatives - Warren Buffet describes them as Financial Weapons of Mass Destruction
In 2010 after the Global Debt crisis had nearly brought the whole world's monetary system to complete collapse, Warren Buffet, Chairman of Berkeley Hathaway, one of the largest investment groups in the world, was asked to describe the derivative dangers. He described them as "Weapons of Mass Destruction". During the last few years, the derivatives market is still in the trillions with liabilities that could destroy the world's financial system.
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