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Christmas On Threadneedle Street & The Coming Depression

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  • Christmas On Threadneedle Street & The Coming Depression

    http://www.drschoon.com/articles/Chr...edleStreet.pdf

    Six page article in .pdf by Darryl Robert Schoon.

    Quick read, good observations.

    I think "capital" injections by SWFs (Sovereign Wealth Funds) are nothing but smoke and mirrors.

    Eventually, those SWFs will be cheated of the value contained in their securities by having to reprice the assets at depressed prices. One of the smoke and mirrors to make it more palatable will probably be a war in the middle-east. And the Bankers may find help from the Gov. in something like the The Emergency Banking Relief Act of 1933.
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