Economy Archive

FINANCIAL RUSSIAN ROULETTE: LETHAL FANTASY INVESTING!

Derivative markets are a great arena of financial masturbation relying on algorithms and sociopathic greed to have created upwards of $1.2 Quadrillion Derivatives to bet on. Synthetic portfolios of unmitigated and deregulated risk allow mathematicians to contrive

YOUR WORST NIGHTMARE: THE COMING FINANCIAL PLAGUE

Four years after a financial crisis nearly ruined the U.S. economy, “experts”  acknowledge there are $600 Trillion to “$1.2 Quadrillion” Derivatives still in the market. These  Derivatives are a ticking hydrogen bomb of unimaginable financial risk.  And

FISCAL MYTH: THE CLIFF OR LIQUIDITY FOR ‘MARKETS’

Myths permeate our news.  Who can explain with logic and reason why if tax brackets return to the Clinton years and why if “defense” spending is reduced we are then at the edge of a precarious precipitous

ROMNEY ECON LIES: THE BIG IDEA: REAL REFORM: SEPARATE BANKS!

After the second debate, many of the talking head pundits (the media/press) thought the President needed a big economic idea to counter the Romney/Ryan economic plan to create jobs. To oversimplify the complex is to leave out

Judge Strikes Down Dodd-Frank Trading Rule, NYTimes Comment

Schoenberger Shaker Hts. Ohio With $700 trillion derivatives circling over us like an H-bomb sized Bubonic Financial Plague waiting for a detonator, the Street sails on. What could be the motivation of the judge? Perhaps the judge