kaal:claim:4900880-014

Financial derivatives are a major form of economic entanglement that played a key role in recent financial crises, with nominal values estimated at over a quadrillion dollars, which indicates how extensive entanglement in the global financial system has become.

The nominal value of financial derivatives has been estimated at over a quadrillion dollars, highlighting the extent of entanglement in the global financial system.

Wulf A. Kaal, Quantum Economy and the Future of Work (2024), 2.5.2 Entanglement in Economic Systems, p. 18
https://ssrn.com/abstract=4900880 · source PDF

Wulf A. Kaal, Quantum Economy and the Future of Work (2024). SSRN: https://ssrn.com/abstract=4900880

empiricalsupport: evidencedsystemic-riskrisk-and-incentives

• supports kaal:claim:4900878-010 Modeling entanglement explains collective phenomena such as herd behavior and market bubbles that classical ec...

The quote above is an exact substring of the source PDF, whose sha256 is 64ea6e8b7cfb3d9a83801eba54f9b87182b842a963273ddab7f2d5305639db73. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/4652007dfc722a04...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/4900880-014.md | sha256sum