Tag: YouTube

William Black – Deutsche Bank Crime Weakens Global Financial System

Professor of Economics and Law, William Black, who was a top regulator in the S&L crisis, says, “Deutsche Bank is one of the potential sources of the next recession, and you can see lots of people warning that there are signs that a serious recession is pretty likely relatively soon. . . . The whole system weakens itself because it gets caught in this big lie that says we have to pretend that Deutsche Bank is a bank instead of a criminal enterprise.”

In closing, Professor Black says, “I am going to give you the advice you get after the recession before the recession. Pay off your debt, all that you can. Do not keep borrowing except in certain circumstances like you are going to buy a home and it is prudent purchase. Buy a car when you can buy it with cash whenever possible . . . and always try to be a net saver.”

Join Greg Hunter as he goes One-on-One with Dr. William Black, Professor of Economics and Law at University of Missouri Kansas City.

(Correction: Deutsche Bank has a market cap of $19.5 billion and not $1.5 billion as I mistakenly said at the beginning of the interview. Also, Germany’s GDP fell .2% recently and not 2% as I stated later in the interview.)

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RogueNews: Rising Rates And Dollar Dumps.

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Greg Hunter – Weekly News Wrap-Up 11.30.18

Join Greg Hunter of USAWatchdog.com as he gives his take on the top stories of the past week in the Weekly News Wrap-Up.

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RogueNews Mornings: Trade Wars, New Wars and Rumors Of Wars

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Bill Holter – Mad Max World Possible as Unpayable Debt Bubble Pops

There is going to be a reset of this unpayable debt, and financial writer and precious metals expert Bill Holter contends, “It’s going to happen, and I hope for not a very long period of time. I am hoping it’s just a two week or four week event where the system goes down and goes back up. If I am wrong, then you are looking at a Mad Max world. . . . Basically, nothing works. Your electricity doesn’t work. Your car may or may not work. We may have an EMP or it will work until you run out of gas. When credit breaks down, then distribution breaks down. If credit doesn’t come back up, then distribution is gone. That means every Walmart, every grocery store is empty. Basically, you are on your own.”

In closing, Holter warns, “The balloon has already been popped. The pin has popped the bubble, and now we are just going to work its way out. The workout, by the way, is going to be a complete and utter financial collapse. It is a house of cards, and it is all going to end up flat.”

Join Greg Hunter as he goes One-on-One with Bill Holter of JSMineset.com.

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RogueNews Mornings: Somethings don’t change Or Will They?

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