Perhaps not, but there's something to be said for honest dealings; given the headline of Derivatives Is 10 Times The Size Of The Global Economy
I think we can fairly say that these derivatives are not honest dealings.
Remember the video when the EBT went down in Loisiana a while back? It will be like that, but with countries.
Well, there's a really, really simple method that would prevent this: don't spend what you don't have.
It works for both micro- and macro-economics, at the personal-level and at the vast government/country level.
That’s good advice.
But it’s not reality. And the repercussions will affect people with their heads in the sand as much as the next guy.