Michael Roberts: The Banking Crisis is Just Beginning

This is a very interesting two-hour discussion, including with Michael Roberts, about the banking crisis, the Fed’s attempt to bail them out and the growing global slump in capitalist production that stands behind the banking crisis. Michael begins by asking why there were runs on the bank. He also discusses why things will get worse for the banks and what the implications are for commercial banks and zombie companies which are 25% of US corporations.
Watch/listen to Michael Roberts on YouTube

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