From the Tumblr archiveOriginally published 19th September 2010 on the Tumblr archive. This post reflects its original context and may contain information that is no longer current.
Just when we thought the acronym WMD had been banished from existence, here we are again. I just got an email with the words “The mountain of financial WMDs”. I like it.
The new buzzword when the derivatives markets implode / explode.