Economics and Investing:

15 large investment banks = nearly 90% of “notional amounts of all open derivative contracts”, trading assets of the ten largest banks summing up to > £5 trillion

o o o

Government Farming Subsidies Are A Pile Of Poo. – K.

o o o

The next bailout will be with student loans: White House takes first steps in allowing a bankruptcy option for student debt. $1.2 trillion in student debt outstanding.

o o o

The Real Problem Behind Low Oil Prices