The names of the instruments might change, and the names of the participants might change, but history shows us, the outcome is normally the same. The outcome for the many is nearly always eventually determined by the will of the few. The question is. Who are the few?
Now what new instrument do we know of that is not on a regulated exchange and has no reporting requirements just like CDS's in 2008. Hmm...let's think for a Bit. Here are some of our predictions.