was it the wrong and agressive use of derivative
instruments that led to the financial crisis in the us and
the world over?
Answer Posted / raghs
The aggressive use of fancy derivative instrument was just
one of the compositions of the crisis, where as us is known
to have highest composition in fixed income instruments, the
liquidity crunch, stagflation which led to fall in the
realestate and excess belonging on external sources led to
fall in overall GDP. and took the world with it
Is This Answer Correct ? | 2 Yes | 2 No |
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