Since it is a Ponzi financed by securities kiting it is not surprising the problem is growing exponentially. At this point, "Too Big to Fail" has become "Too Big To Bail" even if the US Government desires to, The next crash that sweeps the financial sector will conservatively involve hundreds of trillions in evaporating assets. Such a Global hit would be impossible for the Central Banks of Earth to react to in a meaningful way.
"Irrational Exuberance" has given way to Global Economic Existential Threat.
Read the Article at HuffingtonPost
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