We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper.

Why are oil prices so low? First, energy consumption growth rates in developing markets have decreased. This is particularly noticeable in China. Second, new technologies are being developed and the shale gas revolution in the USA has taken place

I tell my children that a man like Bill Gates has a personal fortune of $100 billion. They can't even comprehend that. Then I explain that he has more money than some countries.

There has been a noticeable decline in the labor factor in all wealthy countries in the past 20 years. The rich are getting richer, but those at the lower end aren't moving ahead as quickly as the capitalists.

Unbridled capitalism in the United States can't be sustained socially. It leads to tensions.

We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper.

Unbridled capitalism will lead to some very real problems.