It’s amazing when you think of it. Virtually every major financial crisis of late has involved some sort of issue with debt. And there are millions of financial crises brewing in American households too: The US housing market collapsed precipitously. No, not because Goldman Sachs sold a complex derivative to European clients which is garnering […]
From the category archives:
3 Lessons I Learned from the Greek Riots and Market Panic
The World is a Very Small Place As the New York Times so eloquently envisioned in the Web of Debt infographic, as Greece goes, so does the rest of Europe due to the incestuous relationships of virtually every large bank. And lest we don’t forget, much of Europe, and the rest of the world for […]