Skip to content

The Derivatives Market Monstrosity

December 25, 2010
Richard Daughty
12/25/2010

I assume that you, as an intelligent person who understands that the treacherous, greedy, vampire banks creating so much excess money means We’re Freaking Doomed (WFD), are Up To Your Freaking Ears (UTYFE) in gold, silver and oil, and you have had it UTYFE with your family always complaining about how you spend all the family’s income on gold, silver and oil instead of luxuries, family vacations, adequate food, clothing, medical care, dental care, blah blah blah, the list goes on and on.

But what you really, really want to know is: How did we get into this mess?

In that case, I present the Buttonwood column of The Economist magazine.

And now… the rest of the story. …..

About these ads
One Comment leave one →
  1. Chris permalink
    December 25, 2010 5:15 pm

    an interesting read. thanks. some tangentially related thoughts below.
    http://gonzogeek.wordpress.com/2010/12/23/julian-assange-evolution-and-good-will-toward-men/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 432 other followers

%d bloggers like this: