Elephant in Room: Corporate Bond Market Bubble at $10.5 Trillion
21WIRE | This risky practice has exploded the amount of debt which is propping-up the US economy.
21WIRE | This risky practice has exploded the amount of debt which is propping-up the US economy.
[audio mp3="http://www.corbettreport.com/mp3/2020-12-10_James_Evan_Pilato.mp3"][/audio]This week on the New World Next Week: Bill Clinton confirmed on Epstein's island; the banksters flee the sinking ship of New York; and Israel space chief admits the Galactic Federation exists.
[audio mp3="http://www.corbettreport.com/mp3/2020-10-01_James_Evan_Pilato.mp3"][/audio]This week on the New World Next Week: MI6 involvement in Iran coup finally confirmed; Palantir goes public as police state ramps up; and JPMorgan found guilty of market manipulation.
There is no doubt that the COVID-19 ‘pandemic’ is accelerating the consolidation of finance and industry across the globe. This is beyond debate now; it’s as obvious as our climbing unemployment and record-levels of business closures – both clear indicators that a real economic depression is underway.
The Republican wing of the Democratic Party lined up behind Biden early, though it wasn't enough to animate his DOA campaign-- not until Obama stepped in and told the party establishment the enough time had been wasted and that Bernie could win and take away everything they had built for themselves if they don't unite behind Biden. So they did. Was anyone surprised?
A listener writes in to ask about the economic crash we're about to experience. Will there be bank bailouts like in the 2008 crisis, or bank bail-ins as we've seen the banksters preparing for? Or will this be a different type of crash altogether? Join James for this exploration of the global banking architecture and how the banksters have been scheming to pick your pocket the next time they're in trouble.
[audio mp3="http://www.corbettreport.com/mp3/qfc063-bailin.mp3"][/audio]A listener writes in to ask about the economic crash we're about to experience. Will there be bank bailouts like in the 2008 crisis, or bank bail-ins as we've seen the banksters preparing for? Or will this be a different type of crash altogether? Join James for this exploration of the global banking architecture and how the banksters have been scheming to pick your pocket the next time they're in trouble.