This article predicts “a massive financial crisis is pending in which our financial assets are the collateral underwriting the derivative and financial bubble.
The bursting of the bubble will result in the loss of our assets but leave us with our debts as happened to those whose banks failed in the 1930s”. The measure of how this is unfolding is something called the “velocity of circulation”. When it operates quickly, financial times are good. When it slows (like today), clutch your peals.
Read in Global Research
