How Big is this Crisis? - John Rubino #4685
The system was so overleveraged and debt so out of control that it was just a matter of when, not if. Will the bank derivative blow up and will that pull down the European and global economy? The stuff that could happen is insanely scary. Turkey is fighting with Russia and demanding that the US enter on their side. Will the US honor its Nato committment. Hong Kong is giving out helicopter money, Fed rate cuts and no end in site. Let’s see what happens next!