Our nation's debt is literally indenturing our children to our international debt holders, but most Americans don't care because they are more concerned about the latest saga involving Snooki on Jersey Shore rather than what really matters, our country’s future.
Tuesday, October 12, 2010
Far More Derivative Exposure Today Than Two Years Ago
Derivatives held by commercial banks are now at an all-time high. Harold Bradley, of the Kauffman Foundation, and CNBC's Herb Greenberg discuss whether this is something investors should be worried about.