Depression or Recession ? Hopefully we are not headed for a Depression, However there are striking similarities.
Essentially, A BANKING NIGHTMARE with all these crappy loans and NO REGULATION. Oh, “I get it, let’s just let the banks regulate themselves!”. The “Market” will take care of it. Yeah, it sure is “taking care” of it now. Nothing like a “Fox in the Henhouse”. This could get REALLY bad, I’m afraid.
