Month: October 2018

Finance: Derivatives and the Imploding Financial System

Most people don’t understand what derivatives are.  Unlike stocks and bonds, a derivative is not an investment in anything real. Rather, a derivative is a legal bet on the future value or performance of something else. Just as one can bet on the horse, or the outcome of a sports game, financiers in London and […]

Trump’s Mid-East Strategy: Jockeying for Influence

The election of Donald Trump as the next American president has added a major new element of uncertainty to a Middle Eastern picture that had already achieved its highest state of confusion, violence, and uncertainty in its modern history. The factors that will determine the policies Trump will pursue there are many, and they are all […]

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