Sunday , 24 November 2024

Lorimer Wilson

Bursting of Global Derivatives Bubble Will Be An Utter Nightmare (+3K Views)

Never before in the history of the United States have we been faced with the threat of such a great financial catastrophe but, sadly, most Americans are totally oblivious to all of this. They continue to have faith that their leaders know what they are doing, and they have been lulled into complacency by the bubble of false stability that we have been enjoying for the last couple of years. Unfortunately for them, however, this bubble of false stability is not going to last much longer and when the financial crisis comes it is going to make 2008 look like a Sunday picnic. Let me explain why I believe the aforementioned to be the case.

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Will May 20th Go Down In History As the Day the U.S. “Petrodollar” Monopoly Was Finally Shattered? (+3K Views)

The struggle over Ukraine has caused Russia to completely re-evaluate the financial relationship that it has with the United States. If it starts trading a lot of oil and natural gas for currencies other than the U.S. dollar, that will be a massive blow for the petrodollar, and it could end up dramatically - and negatively - impacting the average American's current standard of living. Let me explain.

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Is Now the Calm Before the Storm? (+2K Views)

I’d argue that the record low volume shows investors aren’t looking ahead as much as looking behind and reminiscing at how good things have been over the past five years or so. They’re expecting more of the same even though it’s mathematically impossible people.

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