Re:Uber, after buying Postmates, lays off more than 180 empl...
by dogma1138 on Sunday January 24, 2021 @06:32AM
(#25891207)
Yep, repo and swaps are huge, our euro repo market alone is in around quarter of trillion a day..
People don’t understand what happens when some things go down, and how it would affect them.
Futures are critical to you being able to buy milk eggs and bread at the store day after day and not having the price fluctuating on you by 100’s of % or worse those items simply being unavailable because the price either spiked too high or completely crashed so the supply is nonexistent.
Same goes for many other commodities. A cock up in the futures market can and will send ripples through the entire commodities market which will have a direct impact on the world’s supply chain.
People don’t understand what happens when some things go down, and how it would affect them.
Futures are critical to you being able to buy milk eggs and bread at the store day after day and not having the price fluctuating on you by 100’s of % or worse those items simply being unavailable because the price either spiked too high or completely crashed so the supply is nonexistent.
Same goes for many other commodities. A cock up in the futures market can and will send ripples through the entire commodities market which will have a direct impact on the world’s supply chain.