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79Thanks to the UK Big Bang, Hedge Funds Are the Vehicle for Hot Money
The Big Bang of economic deregulation, which occurred in the City of London in 1986, brought major investment banks from the US and Europe into the British economy, The old UK brokerage houses were snapped up and put out to pasture.. The City of...
6 comments71Are All Financial Markets Distorted Ponzi Schemes?
I read where George Soros, not exactly a hero of mine, say an intelligent thing about the markets. He said all markets are distorted. He said that no markets accurately reflect reality! Soros got a lot of flack from the comments at Business Insider...
4 comments66Why USA Bond Sales Will Upset Your Economic-Future
UPDATE: As the Fed embarks on bond purchases to offset the Chinese leaving the market, you wonder if this will work? You wonder what will happen to the banks if they cannot get a decent return on all those bonds they bought? Perhaps this QE and QE2...
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