Economic bubbles are not recognized by those inside of them, and the entire Western world has become quietly trapped inside the largest economic bubble in history. The global financial crisis that began in 2008 has been attributed to sub-prime mortgage...
Filed under: CEA, S 3217), Alan Greenspan, option, CDS, VaR, Barney Frank, Commodity Exchange Act, Brooksley Born, OTC derivatives, forward, collateralized debt obligation, Warren Buffett, Commodity Futures Modernization Act of 2000, Restoring American Financial Stability Act of 2010, Monte Carlo Simulation, swap, Value at Risk, synthetic CDO, Robert Rubin, credit default swap, Chris Dodd, George Soros, Larry Summers