Brussels targets derivatives

Posted on

Brussels targets derivatives to help euro | Business | guardian.co.uk .

The European commission announced moves today to shore up the euro and ward off market pressure on Greece by considering a ban on complex derivatives allegedly being used to undermine the single currency.

Yes! Yes! Yes!

We need to say some forms of trading and some forms of financial product are destructive, serve only to undermine the state, democracy and the well being of ordinary people solely to benefit an elite and must be banned.

Of course, some of us have said that for some time.

It's good to see that the world is accepting the argument.


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