The NEXT Banking Crisis! Could 2008 Happen Again? - KSAC Saramento

Straight Talk Wealth Radio

English - February 10, 2012 05:00 - 52 minutes - 24.1 MB - ★★★ - 6 ratings
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Previous Episode: The Light at the End of the Tunnel - WPGB Pittsburgh

Next Episode: EXTENDED PODCAST: Who's Goosing the Market? (and more on the potential Banking system failure)

The crux of Failure in 2008 was the BANKS! Yes, tentacles went far and wide, but it was the leveraging of massive debt into the overinflated US real estate market that was at the crux of it.In this show we feature a groundbreaking series from Bill Moyers about why people like David Stockman, former Budget Director for the Reagan administration, and N.Y. Times Journalist Gretchen Morgenson, say not only that it can happen again, it WILL happen again!See much more on this story at our website at www.StraightTalkWealth.com

Talk to Bruce by visiting https://www.straighttalkwealth.com