Complexity Failure Crisis & Panic

Posted by Michael Campbell

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Intensive Government management of our economy cannot solve the problems we have. There are too many variables involved. Massive debt problems, commodity prices, currency values, the actions of Governments at all three levels, International Government actions. They’ve all led to untenable derivative positions and banking system problems could trigger a significant liquidation panic at any time.

…Martin Armstrong on: Sovereign Debt Crisis – Banking Crisis – Derivative Clearinghouse Risk