This is a comprehensive discussion about the risk that UNREGULATED derivatives play in the world economy. An opinion like this--coming from a strong proponent of the Austrian School says volumes about how badly out of whack Wall Street, K Street and The Beltway have become.
Well worth the read !
OTC Derivatives: Failed Banks or Failed Nations? - Hera - The Mises Community
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The Bob Cesca Podcast: Kekius Maximus
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