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Olduvai III: Catacylsm
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Warren Buffett: Derivatives Are Still Weapons Of Mass Destruction And ‘Are Likely To Cause Big Trouble’

Warren Buffett: Derivatives Are Still Weapons Of Mass Destruction And ‘Are Likely To Cause Big Trouble’ After all these years, the most famous investor in the world still believes that derivatives are financial weapons of mass destruction.  And you know what?  He is exactly right.  The next great global financial collapse that so many are warning […]

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Is The 505 Trillion Dollar Interest Rate Derivatives Bubble In Imminent Jeopardy?

Is The 505 Trillion Dollar Interest Rate Derivatives Bubble In Imminent Jeopardy? All over the planet, large banks are massively overexposed to derivatives contracts.  Interest rate derivatives account for the biggest chunk of these derivatives contracts.  According to the Bank for International Settlements, the notional value of all interest rate derivatives contracts outstanding around the globe […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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