Monday, December 29, 2014

David Stockman – This Will Trigger The Next Lehman Moment & Bank Bail-Ins


kingworldnews.com / by Eric King / December 28, 2014
With more people becoming increasingly fearful because of moves in the West to legalize bank bail-ins, today David Stockman spoke with King World News about what is going to trigger the next Lehman moment that will usher in the age of bail-ins.
Eric King:  “David, what is the biggest danger facing the world?”
David Stockman:  “The biggest danger is that we have a totally artificial, unstable monetary system.  We’ve created massive amounts of credit that can’t be supported or repaid.  All of this makes for instability.
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