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A balance sheet recession

Banking run amok

bailout , currency market , global depression , Greece , IMF , Italy , Max Keiser , ponzi scheme , recession , Russia Today , Spain , stock market crash , World Bank

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Max Keiser rides again

He predicted it when it was far from obvious.

Now he's explaining it as it unfolds.

The consequences of a banking system run amok, with loans that can't be paid, and delusions held too tightly.

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