Let’s look at a couple of statistics: In 1980 the U.S. federal debt was $1 trillion, and today it’s $17 trillion.  Total world debt was probably around $10 trillion to $15 trillion in 1980, and today it’s $250 trillion.  The overall derivative exposure has been reported as being $1.4 quadrillion, nearly 6 times the overall … Continue reading The Only Solution: Crisis