Second Financial Collapse Inevitable - TARP Inspectors
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@treysparker It's worse than you think. A friend of mine at treasury said that rate of bank debt to income is breaking the FDIC fast, which means if there banks fail, the feds might not be able to guarantee account loss re-embersements through the FDIC insurance fund.
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what do they mean by "stable"?...
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@orchoose That is the game created by the super banking class that uses central banking.
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@ShatterNWO You missunderstand it... it was not goverment its was ppl who pay goverment...It was bankers!! Dont blame players blame game...
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Get all your money off Wall Street now.
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Tonka Ttucks
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@MrHav1`inch You got the house...wow aren't you something? If I was a betting man I would say you're probably a homophobe racist Teatard who either 'cant read or watch TV'. 95% of economists agree that we we're within 'WEEKS-NOT MONTHS where supermarkets would have...'NO LINE OF CREDIT' to put 'MILK ON THE SHELF'. And that Prez Obamas policies and Dems turned 3.6 million job loss [Bush last 12 months] around in 45 days.
Obama care will save close to a trillion w/in 10 years/CBO. Kids will live
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@BrotherAlpha But the bank isn't fully private in the first place, it's shareholders are, but they have gov't granted monopoly powers. I could see socialized banking working at a small local level like in North Dakota, until the wrong ppl get in charge of the bank.
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Just got a bunch of MRE's, bow and arrow's, cookware, and other handy stuff.
Next on the list, a crap load of canned goods, and a gun or two.
Bring it on.
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It wasn't, but people still have no jobs and the Republicans have the house, so Obama can't do shit. He fucked up.
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second collapse? when did it get better?
defect530 4 months ago in playlist More videos from TheYoungTurks 12
Im a financial analyst, equities trader and macro economist.
What im going to say is very credible and i hope you all read this very carefully.
There was never a recovery, it was a temporary boost in demand caused by stimulus, but demand never needs to be stimulated, prices should have fallen instead temporarily.
Economists have been warning, but those in government have refused to listen. Obama was wrong. Bernanke was wrong.
The real collapse hasnt happened yet. Its starting now.
treysparker 4 months ago 9