The Phaserl


Larger Than Ever, Big Banks Poised to Fail Again: “The Damage Will Not Be Contained”

by Mac Slavo, SHTFPlan:

The banksters, who nearly tanked the global market in their collective effort to loot the peoples of the world, are operating out of “larger than ever” big banks.

They are not only “too big to fail,” but too big to contain. The derivatives have not been stopped or controlled; leveraging ratios are still out of control; and bank runs could happen at anytime, subjecting big banks to desperate calls on cash they would be unable to fulfill; apparently everything they have is loaned out and sometimes demanded back “each and every day.”

The entire thing is a dangerous high wire act that looms over our otherwise ordinary lives with great peril.

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