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

09/02/2012 52 min
The NEXT Banking Crisis! Could 2008 Happen Again? - KSAC Saramento

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

Episode Synopsis

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