$1 Quadrillion of Unregulated Debt At Core of Coming Derivatives Crisis

By John Tiffany Counting one dollar per second, it would take 32 million years to count to one quadrillion. Despite all the blather and swearing-on-the-Bible pronunciamentos from establishment “pundits,” our house-of-cards financial system is not fundamentally sound. Expect such indices as the Dow to tumble even much lower when the Pandora’s box of derivatives is […]