Using the IMF’s analysis the world’s $600 Trillion derivatives markets are leveraged 1000 to 1!!!!! The IMF wonders where the actual underlying collateral would be if things started to go wrong. Is this underlying fragilty part of the reason why supervision of the big banks has become so unconventional?
The Ultimate Savings Account Cannot be Found within a Bank
The good news is that you don’t have to choose. Link your existing bank account to an Ultimate Savings Account, and you keep the banking functions you actually need while
