Thursday, 24 October 2013

Shadow banking crisis - Chris Martenson talks about a "bubble in search of a pin"

A decent explanation of the shadow banking crisis and the Federal reserve.

What happens if interests start to rise too fast?

What happened to the QE money?  Banks accumulate cash, bubbles form in the equity market?  Is the money getting where it is needed.

Where does the next crash come from?  The hypothesis is that the current situation is "a bubble in search of a pin".

We cannot avoid reality forever and only then can the major strucural reforms be undertaken.

Worth watching but a little wonky.

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