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Bank Stocks Collapsing… Again!? WTF, Banksters?
Saturday, February 6, 2016 0:45
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TND Podcast Spotlight: Wall St. For Main St.
Jason Burack of Wall St for Main St did a short video looking at the charts of the financial sector ETF (XLF) and individual bank stocks like Citi Group and Deutche Bank. This video is about how many large bank stocks may be on the verge of collapsing while the mainstream financial media, like Barron’s, tells Main St that now’s the best time to buy bank stocks! LOL.
Due to fractional reserve banking being inherently unstable, banks according to Von Mises and Rothbard are chronically (different degrees) of insolvent even in good times. During, bad times, all banks are insolvent to different degrees. This is because the Federal Reserve allows banks to get away with this. End the Fed!
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About Wall Street From Main StreetWe provide in depth content from many investing experts all over the globe. Over 250 interviews with many top experts including Jim Rogers, Doug Casey, Dr. Marc Faber and Jim Rickards! Over half a dozen billionaires interviewed! Unique, in depth round table discussions with experts on interesting investing topics about different asset classes and sectors of the economy. Wall St For Main St, LLC was founded by Jason Burack from JasonBurack.com and Mo Dawoud from Momoney Blog in 2009. We are a unique investor education and financial education start-up company out of the DC/Northern Virginia area with a mission to revolutionize the way people learn how to invest. Visit our website (click here) and our YouTube channel (click here).
Source: http://thenewsdoctors.com/bank-stocks-collapsing-again-wtf-banksters/
