from King World News
In the aftermath of the historic vote by Great Britain to exit the EU, today a 50-year veteran warned King World News that the market turmoil threatens a catastrophic unraveling of the entire derivatives complex.
John Embry: “Eric, Brexit has certainly stirred up a hornet’s next. I have never heard such whining in my life from the elites in Britain. I read with great interest the Financial Times, and from their take one would think the world was coming to an end…