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Wednesday, March 25, 2009
Singapore Economy: How does Derivatives work?
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The world is becoming an interconnected place. Problems in 1 country quickly spread to other parts of the world especially so when international trade creates so much interlinked investments that allows problems to be passed onto other countries in an unfettered way. This is the scary part.
It is time the US resumes leadership in this area.
Labels:
CDO,
Credit default swaps,
Derivatives,
Singapore economy
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