After months of repo transactions that failed to fix a crisis that Wall Street claims does not exist, Jim Willie is reporting that the leverage in the system on Wall Street is now getting out of control...to the point where the Federal Reserve has simply started buying everything in sight...which is the result of an incredible amount of leverage in the system between the banks and hedge funds. That may hinge on the status of Deutsche Bank and the dark pools of money that have been flowing around the system.
So to find out what's actually going on, and what Wall Street and your government will never tell you until it's too late, click to watch part one of the interview now!
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.