Systemic break in the American market coming

Michael Greenberger, a former official with the Commodity Futures Trading Commission, which is responsible for policing much of the derivatives market, disputed Treasury’s main defense of the exemption –that the contracts expire so fast that they don’t pose serious risks to the financial system. “Within the next 60 months, there will be a systemic break in this market,” said Greenberger, now a law professor at the University of Maryland. Other people aren’t buying any of the financial spin coming out of DC or NYC. The illusions is breaking outside of America: America’s reckless money-printing could put the world back into crisis America’s base money supply –the bedrock of the world’s reserve currency –has doubled in little more than two years.

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