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http://theeconomiccollapseblog.com/archives/tag/2018
Billionaire Carl Icahn told CNBC on Tuesday there are too many exotic, leveraged products for investors to trade, and one day these securities are going to blow up the market.
The market is a “casino on steroids” with all these exchange-traded funds and exchange-traded notes, he said.
These funds, especially the leveraged ones, are the “fault lines” that will eventually lead to an earthquake on Wall Street, he said. “These are just the beginnings of a rumbling.”
There may still be some hope for humanity, but more needs to be done very quickly:
https://www.iea.org/weo2017/
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