The Phaserl


Are Major Bank Runs in Our Near Future?

by Greg McCoach, Wealth Daily:

In the United States, the last time we saw lines outside a select number of failing banks was during the 2008 derivatives crisis.

The financial damage was eventually limited, but it made everyone aware that something wasn’t right within the system.

That was six years ago. Since then, many have stated that central banks and their governments didn’t solve the financial problems of 2008 but instead simply kicked the can down the road, making the derivatives issues far worse when they come home to roost.

Read More @ Wealth

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