Episode-79 The Quadrillion Dollar Derivatives Time Bomb
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How in the world can we have a quadrillion dollar problem when there isn’t anywhere near a quadrillion dollars in the world? What the hell is a derivative and why should the average person care? This may not be the most practical action podcast we do and it may be a bit hard to understand some of the points but I felt that I needed to discuss this with my listeners because it is in the words of Warren Buffet a “financial weapon of mass distruction” and it may go off any day! Global thermal financial war! Tune in today … Continue reading →