Tuesday, January 20, 2015

Former White Official Warns Another Derivatives Nightmare Is About To Shock The World

Former White Official Warns Another Derivatives Nightmare Is About To Shock The World
kingworldnews.com / January 19, 2015
After a week of historic drama that was kicked off when the Swiss central bank surprised market participants by dropping their currency peg to the euro, today a former White House official warned King World News that things are about to get even worse as another derivatives nightmare is about to shock the world.
Dr. Malmgren:  “Eric, the bank runs in Europe are happening simultaneously with the first big bankruptcy in the fracking world.  As the oil price has plunged it has begun to expose which businesses in the United States are simply no longer financially viable….
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