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We Are In FAR Worse Shape Than We Were Just Prior To The Last Great Financial Crisis
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March 11, 2014, 1:45 a.m.
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We Are In FAR Worse Shape Than We Were Just Prior To The Last Great Financial Crisis!
None of the problems that caused the last financial crisis have been fixed.
In fact, they have all gotten worse. The total amount of debt in the world
has grown by more than 40 percent since 2007, the too big to fail banks
have gotten 37 percent larger, and the colossal derivatives bubble has
spiraled so far out of control that the only thing left to do is to
watch the spectacular crash landing that is inevitably coming.
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