Prepare For Total Financial Collapse
Ann Barnhardt and Warren Pollock have an open conversation organized to provide background to this crisis, the setting of legal precedent, netting, settlement, and future trends including a potential bank holiday.
They talk about MF Global as it applies to savings and commercial banking, brokerage, insurance, and commodities.
They also talk about the numeric impossibility of solving the problem, incest between government and finance, having the victim of the crisis pay rather than the fraudster.
They explain how the MF Global bankruptcy process will define how customer funds will be treated in a bank holiday.
They talk about the idea of having an honest bank holiday to root out fraud vs an economic crisis which plays to looting and criminal activity of vested interest. Learn About Investing In Gold & Silver