Margin lending is bad especially in a stock market..
I am old enough to have seen this before and without the net and great technology of today ..
you couldnt even get in contact with a broker to place your sell order..
You sat alone watching the TV... helpless..unable to trade.
No HC ..NO way to trade.
But figures I have heard of interest...
World stock market is worth 100 trillion
World GDP is worth 50 Trilloin
Derivatives is worth 500 trillion
Derivatives are the worry.
The leverage in US is outrages.imo.
margin lending, page-7
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