I've written about the multi-trillion (quadrillion?) dollar derivatives market and what they're doing to our economy many times in the past. So this commentary - "Taking Profits in a $1.5 quadrillion Bubble" - from Money Morning's Keith Fitz-Gerald was a welcome read. Mostly, Fitz-Gerald is telling us how big our derivative problem is, but the commentary is what I like.
There's market advise at the end of the piece, but I'm neither endorsing it nor telling you to ignore it. I left it in the post so you can see that there are some strategies for dealing with the derivative mess that's coming.
And, yes, as Fitz-Gerald points out, another market collapse is coming. And financial derivatives will be at the center of it all.