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Noah Smith @NoahSmith ยท Nov 28, 2022
  • From Twitter

Good and informative thread.

Tweet Nov 28, 2022
As promised, a story about how derivatives markets work to transform risk but inevitably tend towards speculative excess. The context: popular Asian and European structured investment products, exotic derivatives dealers, and enigmatic corridor vari
by Benn "DJ D-Vol" Eifert
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