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5 major US banks to go into bankruptcy?

February 1, 2012

Developing News: Ellis Martin Report with Jim Sinclair

One Comment
  1. Ewoon,

    Looks like…the Ponzi will keep going on until 0%, then the shit will hit the ceiling fan.

    It appears that the ISDA has only so much room to work with. They can probably wave their magic wand and extend this banking fiasco for XX amount of time (through quantitative easing and printing money and declaring Greece not in default even at 30%), but combine this with all the other news we are hearing, and it might not happen. Jim did say, when it gets to 0%, you can’t cover it up anymore. However, if international financiers won’t accept that money as payment,…then what ?

    At that point, the shit will hit the ceiling fan.

    Shalom.

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