Strait of Hormuz or Deutsche Bank? Deriving Derivatives (July 8, 2019)
. . .
K “Strait of Hormuz.”
J “Deutsche Bank.”
. . .
J “You may be right. Tip a ship. That may do it. The United States may even tip its own ship over and blame it on Iran to get things going.”
K “You may be right. The cancer is in the banking sector. The contagion will spread from there.”
. . .
[See the e-commentary at “Twenty Sixteen (January 4, 2016)”.]
Bumper sticker of the week:
Nobody ever died from overexposure to education
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