Online: | |
Visits: | |
Stories: |
by Gary North
LewRockwell.com
The speculator who made millions by shorting the subprime mortgage market says another crisis is now in the pipeline.
You may have seen the movie, The Big Short.
[...] It’s gong to happen again. The big bank bankers did not learn the lesson Congress wanted them to learn. Why should we expect them to? They skunked Congress — TARP. They got incredibly rich going up, and they got huge retirement settlements after it went down.
The public got no “golden parachutes.” The public got hammered.
The next crisis already in the pipeline.
Continue Reading at LewRockwell.com…