EXTENDED PODCAST VERSION: The NEXT Banking Crisis! Could 2008 Happen Again?
Feb 10, 2012•1 hr 26 min
Episode description
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! THIS SHOW GREATLY EXPANDS on our shortened broadcast version, and includes a lot more interview clips from the Bill Moyers episodes, and some corroborating data from Harry Dent.NOTE: The opening 12 minutes is about who WE are at STW. If you already know that, skip to about 12:00 into the show.
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