Posts Tagged

Financial System

Warren Buffett once referred to derivatives as “financial weapons of mass destruction,” and it was inevitable that they would begin to wreak havoc on our financial system at some point.  While things may seem somewhat calm on Wall Street at the moment, the truth is that a great deal of …

There are scores of reports and analyses that peg a coming collapse of the economic, financial, and monetary systems to the latter half of 2015. And while it is obvious that global stability is on borrowed time, analyst Craig Hemke of TF Metals Report isn’t completely convinced that we can …

Barack Obama says that we shouldn’t be alarmed by what is happening over in Greece.  On Tuesday, he told reporters that this “is an issue primarily of concern to Europe” and that “I think the markets have properly factored in the risks involved.”  And apparently Obama is not too concerned …