Derivatives drag the economy down, even in the best of times

One kind of figured these were financial instruments of mass destruction, now studies are saying they’re a drag on the economy. All they do is basically enrich the rich and fuck everyone else over.

Let’s regulate the hell out of them already, please?

“We have learned, painfully, of the damage derivatives can do to an economy in a financial crisis. But derivatives are hurting the economy even on its best days, according to a new study.

In the crisis, derivatives exposures brought down giant finan...