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Stewart, MN | Thanks Alberta Farmer,
I am behind the curve with a lot of posters on here but the discussion and links provided here allow one to get up to speed quickly so a big thanks to all who contribute.
The things that scare me most about the current financial Charlie Foxtrot are never addressed by the MSM...
In no particular order but sorta ranked
The bond bubble
TBTF banks Derivative exposures (estimates of 10x to 20x total world GDP)
Un-regulated Shadow Banking and it's involvement with the above...
HFT and Algos (and the utter lack of value they add to the markets, ie flash crashes, banging the close, dangling of quotes)
Glass Steagal or the lack thereof and how it applies to all of the above.
Not accounting for unfunded liabilities in the deficit
The corn holing of the SS Trust fund.
Okay, I have to stop but could fill a page...
KB | |
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I continue to drink Sat's beary flavored kool-aid
