Derivatives: Financial Weapons of Mass Destruction
"We view them (derivatives) as time bombs both for the parties that deal in them and the economic system. In our view, derivates are financial w... read more
10 months ago
2 comments
Subcategories: Investing Mortgages Stocks & Bonds
How Safe is Our Monetary System?
How safe is our monetary system? Back in the days of the “two martini lunches,” life was simple. Company pension funds and mutual f... read more
1 years ago
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Recession
November 15, 2007 There are two types of recessions, those that occur during economic cycles and those that imitate the 1930’s. I exp... read more
10 months ago
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Stock Market Uncertainty
March 5, 2007 IN MY OPINION: The greatest single danger to the financial system is the disparity of funds on deposit vs. derivative contracts... read more
1 years ago
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The Economy: It's a Numbers Game
June 5, 2007 My advice to everyone who reads this is: Be very conservative, protect your liquid assets If you are getting a... read more
1 years ago
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The Economy: Looking at the "Big Picture"
August 20, 2007 “The freedom we so cherish is in grave danger of being betrayed by our human desire to live beyond the limits of reason. Hi... read more
1 years ago
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The Financial System: Do the Math
The banking system is “over-extended” in the derivatives market. For example, according to the latest figures from the Office of the Comptroller o... read more
10 months ago
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The Housing Market Recession: How Bad - How Long?
The housing market is in a recession ... How bad? …How long? … No one knows for sure. Let’s look at the facts. The number of u... read more
10 months ago
2 comments
Wall Street: Don't Panic - Be Informed
March 1, 2007 There were a lot of causes for the sharp drop in stock prices on February 27th including spiking the speculative bubble i... read more
1 years ago
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