We live in interesting times. Since 2008, the world has been mired in a global sovereign debt crisis for which there have been few historical precedents. The excessive creation of financial derivatives — to the tune of 1 quadrillion USD — are at the root of the crisis, with by-products being an abundance of insolvent nation-states, insolvent mortgage holders, and rampant price inflation leading to unrest and regime changes in the Arab nations with possibly other parts of the world to follow. Because of the situation, markets are becoming more volatile and investors are panicking more frequently.
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