Asus' FREE Speech Money Club

[reeltimeking]

You are 100% right about that. Financial markets and banking have become truely international. Banks use to make mortgage loans and keep these in their portfolios for 30 years until they matured. It is incredible, I know some people whose mortgages have been sold four and five times. When I started investing more than 30 years ago, trading in option, for example, was something hardly anybody even understood. Derivatives were things only a handfull of people handled. Futures markets were very small. Etc.. It is madness. So, I agree with you 100%.