securitization advanced during the great moderation ...and so did" derivatization"

"..from 1990-2005 the estimated sum of equity-market capitalization,
 outstanding total bond issues (sovereign and corporate) and global bank assets
 rose from 81% to 137% ...."of Global  GP  (gross product),

" ..over-the-counter derivatives markets tripled in the latter five years to $285 trillion,
 six times .." Global GP