IMF advisor says we face a Worldwide Banking Meltdown

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Uploaded by on Oct 5, 2011

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Update
Fat Cats insist on every increasing pay awards
http://www.youtube.com/watch?v=jaNhjClIMWk

Dr. Robert Shapiro who advised Presidents Clinton and Obama and who currently advises the IMF predicts a cascading meltdown of the World's banking system starting with Sovereign debt in the Eurozone, affecting the UK then finally bringing down the global banking system.
The clip was aired October 5, 2011 on the popular News show Newsnight with the corporation's top interviewer Jeremy Paxman.

Maybe its just me but doesn't Dr. Shapiro remind you of the Walter Matthau—Prof. Groeteschele character in the movie "Fail Safe?"

Max Keiser explains how banks are part of problem by benefiting from Casino activities. http://www.youtube.com/watch?v=Wio0mYK9w8Q

Market Analyst predicts bank failures unless hundreds of billions of Euros are injected now.
http://www.youtube.com/watch?v=XWOy4FlnVeE

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Top Comments

  • This global meltdown is part of the big blan . ONE WORLD CURENCY (NWO)

  • when he says largest banks, what he means is the largest criminal elements sanctioned by states to steal and rob people.

    

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All Comments (307)

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  • Euro and dollar has to default because these debts are too high anyway. Establish a gold standard and start developing real means of production again so we can turn into a producing Libertarian economy, instead of a consuming Keynesian economy.

  • the crisis was created by banks, benefits only banks and its ruining ppls lifes in the name of suposed economy(u cant call that economy.!!!)

    and under this crisis goverments create outrageous laws for terrorism, for telephones surveillance, cameras on the streets and other staff that deprive us our rights

  • collapse is here.

  • it's official: watch yer arse.

  • Joel sent me...

  • Or no currency at all?

  • How did I go here? From a game vid.....

  • Count me in, among the ones to revolt, if only muskets were the state of the art weaponry we would probably be able to do just that.

  • Fuck the IMF

    

  • sir i really want to know i financial crisis a manmande catatrophy or not

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