Tuesday, May 31, 2011

Mobius Warns of Derivative Problem

When we rewarded corruption and mismanagement with the bale-out several years ago, we set up the conditions for amplifying the same problems, and what do you know? They are bigger now with derivatives much larger in relationship to global GDP than when they caused trouble last time.

Same culprits will cause new crisis: Mobius - The Globe and Mail: www.theglobeandmail.com/report-on-business/interna...40197
http://chumly.com/n/94eb8d

No comments: