Scenarios about 'financial derivatives'
Financial derivatives are complex financial instruments whose value is based on underlying assets like stocks, bonds, commodities, or market indices. These contracts emerged in the 1970s-80s as tools for risk management but evolved into sophisticated trading vehicles that significantly influenced global financial markets. Their role in the 2008 financial crisis highlighted how derivatives can both distribute and concentrate risk in alternate economic scenarios, making them critical elements in understanding financial system stability.
What If Wall Street Implemented Different Financial Regulations?
Exploring the alternate timeline where the financial industry embraced stronger self-regulation in the 1990s, potentially averting the 2008 global financial crisis and reshaping the world economy.