The Global Economy Is A Time Bomb Waiting To Explode

in #debt5 years ago

The Global Economy Is A Time Bomb Waiting To Explode.PNG

Globally, financial markets today are seeing a rebirth of “collateralized loan obligations” (CLOs), instruments broadly similar to the “collateralized debt obligations” (CDOs), which helped to blow up the financial system in 2008.

Unfortunately, in yet another instance of lessons unlearned from 2008, the collateralized loan obligations, like the CDOs, have virtually non-existent investor protection. Find out how the economy is running hot and set to explode in this RTD news update, "The Global Economy Is a Time Bomb Waiting to Explode", here:
https://www.rethinkingthedollar.com/the-global-economy-is-a-time-bomb-waiting-to-explode/

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.033
BTC 63464.16
ETH 3111.33
USDT 1.00
SBD 3.98