SHOOT: How will that happen? Well, by stocks crashing, principally bank stocks. Banks are too big too fail, and so far more important than taxpayers. When they disappear, they will disappear with everyone's savings. The result? Systemic, universal bankruptcy. Then the question arises: what, if anything, is worth anything? The answer will be - food, shelter, safety, the most basic commodities.
clipped from maxkeiser.com |
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