Nice vid tekno. Good beginning education. Do you every read Karl Denniger? He thinks US banks are leveraged as high as 40-50 to one vice 9 to 1. He also thinks euro banks are even worse 60-80 to 1.
Great video! Especially since we went off the gold standard, money is just an idea that we've all agreed to believe in.
Lady
If you think education is expensive, try ignorance. - Derek Bok