Monday, October 02, 2017 by Martin Mavis
Because the corrupt government keeps bailing out toxic banks and investment funds, the “cleansing” of the financial system through bankruptcy and failure has now been allowed to take place. The result is a much LARGER and more devastating collapse that’s coming.
Podcast Transcript: “Don’t you find it interesting that nobody went to jail after the 2008 housing bubble implosion? There was so much financial fraud and so much deception. Ratings agencies were deceiving people, banks we’re committing massive financial fraud and defrauding investors at every level, and ultimately of course the federal government had to bail them all out using essentially long-term taxpayer money; and nobody went to jail. Isn’t that interesting? It also shows you that there’s a shocking unwillingness in the corrupt political banking system today. An unwillingness to allow bad banking practices to take their punishment, take their losses and unravel, and sort of cleanse the system…” Listen to the full podcast below: