Warning, Crash Ahead

We were warned before the Great Recession by Brooksley Born that there were new financial products, derivatives, that needed to be regulated before bad things happened. PBS Frontline produced a good three part series titled, The Warning, documenting the events. It's worth watching. Do you remember subprime loans being bundled and resold as derivatives? Maybe it's time to check out the present derivatives market. Investopedia cites estimates that there could be more than one quadrillion dollars worth. Yes, that is 1,000 trillion dollars. Visual Capitalist provides some great graphics that are well worth a quick look or a longer look. So, how similar or different are the economic conditions to

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