Thursday, August 8, 2013

Here it Comes! Commodities Futures Trading Commission Investigating Manipulation of Derivative Interest Rates - Bloomberg Bomb: Interest Up, We Go Down.

Right now, there are about 441 trillion dollars of interest rate derivatives sitting out there. If interest rates stay about where they are right now (or) don't go much higher, we will be fine. But if they start going much higher, all bets will be off and we could see financial carnage on a scale that we have never seen before. It will make the Syrian "Nuke" look like a firecracker...



via B4IN Top 50 Stories http://b4in.com/ieL

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