“I have spent the last seven years working with VP’s and higher of the major financial firms in this country. I would like to think that I have a firm understanding of basic economic terms like “speculator”. “
And do your employers seem to understand what is happening?
What are they doing with their money?
I am a consultant, so I don't have employees.
The biggest thing to remember is: watch the news concerning the derivatives market. That is where the real serious problems that can bring our country to a screeching halt reside. The mortgage issue is related, but just a small subset of the derivatives.