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Tag: "derivatives"

Another Systemic Dislocation:The International Banking System Again on the Brink

by Asher B. Edelman The Banking System has suffered a collapse (then revived by the American taxpayer). It is, once again, on the cusp of collapse. With the help of the taxpayer the International Banking community survived the mortgage and mortgage derivatives crisis. It survived the steep decline in equities. A huge effort is contemplated [...]