Brookings Inst. agrees with Celente. The fall of the global economic system is coming soon. We have seen a lot of signs that signal of global recession. Celente says “US auto sales slipped in September”, “ING Bank to cut 7,000 jobs” and “global growth sliding into the morass” are some of the signs that the economic system will collapse soon. Then you know that the government will bail out the banks. Who is going to pay the bail? You, the tax payer.
According to NY Times ”Deutsche is staring at a multibillion-dollar fine from the Justice Department for its enthusiastic participation in Wall Street’s festival of toxic mortgage products in the years leading up to financial crisis of 2008.”