Here is an interesting figure to introspect on: until five to six years back, while the combined  world GDP was close to  $ 50 trillion, the derivative market was around $ 60 trillion . Just  about 20% more than the GDP.

2007 reports from the Bank of International Settlement (BIS), Basel indicate a world GDP of $ 63 trillion and guess what is the derivative trade that year? A  whopping $ 670 trillion, making it 10.6 times the world GDP.

It sure gives us one more insight of what’s been going on in the financial markets over the last twenty years. Am I pointing fingers? Probably not. But like millions around the world, I sure do want to ask many questions.