An interesting interview on the US market. One conservative funds manager has no investment in US banks because of uncertainty about what they really have on their balance sheets. The other person interviewed said the banks are an extension of government. Interesting. However, I thought in the US the government is an extension of the banks.
http://video.cnbc.com/gallery/?video=3000026032
loki
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- collapse of major us banks coming
collapse of major us banks coming, page-15
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