September 23, 2010
Casualties of the US zombie banks
But the greatest casualty from the zombie banks will be the US economy, which he predicts will suffer the worst economic contraction since World War I — forget World War II. “And frankly, nothing that either the Fed or Treasury does in the near-term can change this basic economic fact of restructuring.”
I want nothing but charmed people around me on this one gentlemen, so bring your good luck stuff.
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