February 2016 - What The Drastic Drop in Oil Prices Means for the Trillions of Dollars in Derivatives
Craig Smith joins us to discuss what the drastic drop in oil prices means for the trillions of dollars in derivatives being held by world banks. In 1988 the Economist Magazine ran an article about the death of world currencies and the rise of a global currency by 2018. Is the next financial crisis going to see that come to pass? What are central banks doing that should have us all concerned? What is an MS 61, MS 62, or MS 63 rating? These topics and much more is covered in this must see financial report.