Ever heard of ETF’s; otherwise known as Exchange Traded Funds? These are another investment vehicle that let’s you invest in commodities, business sectors, stock indexes and so on; without actually owning the underlying asset. This is the financial industry up to their old tricks again, creating investments out of nothing, or practically nothing, or less than nothing.
Remember the CDO’s, Collateralized Debt Obligations, derivative securities that were the source of most of the “toxic assets” that banks and insurance companies had on their balance sheets when the financial crises hit? Well some people think that ETF’s are going to become the next financial “bubble” to burst creating another financial meltdown.