Sep 28, 2016
Martin Armstrong joined us today. The European Banking Crisis is very real. They're damned if they bail out Deutsche Bank and damned if they don't. Bailing out a German bank will require a bail out of Italian banks and everyone else. Will Merkel go down in history as the woman who brought down the international financial system?
Martin says the model is predicting a major Trump victory. While Clinton may be looking to fix the election, he doesn't see it as likely.
Either way, the system is getting very weak and brittle and there's not much keeping it propped up at this point, other than self-important central bankers and there's a lot less to them than meets the eye.