"Hmmmmmm..."
Keith O played a portion of this tonight. Here's the whole clip.
If this makes you wonder if there's a way out of this mess without a total crash, you're not alone. Especially when you read this little gem from the NY Times. h/t to C&L
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2 comments:
This vid scared the crap outta me.
As well it should. The whole thing about this bank collapse is, no one REALLY knows how much has been lost, how much COULD be lost, or how much "what's left" is worth. These "losses," never existed anyway. They're little more than wagers.
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