I work in a wholesale brokerage. I try and manage the risk exposure so we won't go bankrupt tomorrow because someone couldn't tell the difference between 0 and O on their screen. I have seen trades worth hundreds of millions fail and bankrupt the people making them.
The problem isn't people not saving or investing the problem is an insane system kept afloat by greed, ignorance and fear. "Security"? what good is having paper when no one wants to buy it? October 29, 1929 is a day my grandmother remembers well and one I dread we will see again.
Government is the only insurance scheme large enough to protect us from ourselves.
The problem isn't people not saving or investing the problem is an insane system kept afloat by greed, ignorance and fear. "Security"? what good is having paper when no one wants to buy it? October 29, 1929 is a day my grandmother remembers well and one I dread we will see again.
Government is the only insurance scheme large enough to protect us from ourselves.