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Message Subject
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ROUBINI: Perfect Storm Or Not, 2013 Looks Awful!!!
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Poster Handle
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Anonymous Coward |
Post Content
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Perfect Storm? Unless your idea of a perfect storm is one created by HAARP, this is ignorant.
Securitization, unregulated collateral based credit markets, dirivatives, creating and exploiting risk, etc. is a few of the main components of a financial system specifically designed to bankrupt the globe.
Our financial markets are functioning perfectly as designed. We are in a depression that will ultimately be far worse than its pilot program of 1929.
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