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To: wastoute
Read Zero Hedge today. It is even worse than 2007 right now.

The difference is there are 500 fewer banks than in 2007.

During the next round of bank closures, larger institutions will be "resolved" by the FDIC. They have a special section dedicated to handling the problems of larger financial institutions. A lot of time and money has been poured into that unit.

6 posted on 06/17/2016 12:22:43 PM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: Night Hides Not

It is like a perfect storm brewing. Housing market collapse. Half the country holding it’s collective breath in hopes of surviving just a few more months of an administration full of treason from top down. Gummint hoping to get to start civilian disarmament. National manufacturing non existent. Gummint handouts strangling productivity. Gummint debt skyrocketing. Politicians pushing increased spending in the face of falling tax revenues.

What could go wrong! The worst of it is most of us realize NONE OF THIS HAS BEEN AN ACCIDENT. It is all Cloward Piven intentional.


8 posted on 06/17/2016 12:31:21 PM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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