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Comment by dschiptsov

>derivatives contracts

This is the cause.

It is not mere speculation, like it is with commodities trading, it is "trading" of imaginary things with other people's money in a way that it will be other people's problems. Now there is no way to convert these imaginary things back to other people's money, so it became German people's problem.

parent dschiptsov 10 years ago

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