China Is Where the US Was Prior to the 2008 Crash: In Denial

China Is Where the US Was Prior to the 2008 Crash: In Denial

By Pam Martens: July 14, 2015  Remember the Super SIV, also known as the Master Liquidity Enhancement Conduit or MLEC? That was a 2007 scheme in the U.S. to create a toxic waste dump where banks could stuff all their bad debts and instantly repair their balance sheets. It didn’t fly, leaving the Federal Reserve, Treasury Department and Federal Deposit Insurance Corp. to come up with a raft of programs during the 2008 crisis to … Continue reading →

China Is Where the US Was Prior to the 2008 Crash: In Denial is a story from: BitcoinWarrior.net

Source

TheBitcoinNews.com – leading Bitcoin News source since 2012