The Next Recession is On The Way

I really appreciate this kind of video because we get to hear from some of the lesser-known experts about economics, business and the stock market. In this video, Jim Richards tells is about how the truly massive derivatives market can cause the next recession because there is far too much debt just sloshing around the system. It’s hard to comprehend what a quadrillion dollars is but we are at the stage where these kinds of numbers could ground the global economy to a halt. I would avoid reading the comments but I really like the commentary in this video and it’s a great breakdown of the global derivatives market and some of the potential problems we’re facing economically moving forward.