What’s REALLY been going on lately since the big financial scare of 2007? Or have you even heard about it? Things are slowly unwinding for all the big banks, with all their off-balance-sheet financial entries starting to emerge as nearly worthless. Read all about it, circa March 2008. Find out the REAL problem with sub-prime loans, and where the lack of public scrutiny has led the U.S. financial system.
http://www.financialsense.com/editorials/engdahl/2008/0225.html
Keep your eyes and mind open.
Mike Childress
Thursday, July 3, 2008
William Engdahl's Financial Tsunami Essays #5
Labels:
credit crisis,
finance,
government,
sub-prime,
William Engdahl
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