From what looks to be the height of the first phase of the economic crisis, this is an interesting analysis of the macroeconomic state of things and the inherent instability of the current system.
The point is made in the video that with the increased concentration of the banking system , comes increased vulnerability. We are even more concentrated now than when this was aired.
As the banks continue to consolidate through what I would argue are fraudulent -often- ways, the possibility of catastrophe becomes that much more possible. Not more likely, necessarily. This is key. But much more possible.
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