by Warlock 11 Replies latest jw friends
All the signs are there to see. We had better get our ducks in a row now, before we get caught with our pants down. When it comes it will be catastrophic and too late. Pay heed!
(The above is the chant of the Watchtower Bible and Tract Society, but it works for other purposes, such as Global warming, world economic outlook, and many other 'sky is falling' movements.)
The biggest problem in any financial system is not what you know, it's what you don't know.
What is lurking in the backround to exacerbate the problem of credit contraction?
I have an idea that it could be the unraveling of the derivatives market. These contracts amount to tens of trillions of dollars.
Warlock
