Tuesday, November 01, 2016

Nomi Prins* 'When The System Crashes 
This Time .. It Will Crash Harder'
"The financial system is fragile. The crackup has been contained with years of cheap money, bond subsidization, banking subsidization, and of a codependency that is very fragile. I don’t know when that gives. I’ve tried to guess this throughout the years, but the point is that it only increases in its tension and its ultimate downfall with every day that it’s been subsidized artificially… So all I can say is that when it crashes it crashes harder the longer we wait for that crash. I don’t know when that date will be, but that’s what we’re dealing with right now." .. 16 minutes
LINK HERE to the podcast

1 comment:

Anonymous said...

This has been said for so long now (since 2008) it is trite.