David Stockman: We Will Suffer One Crisis After Another
Channel: VulgarTrader
Date: 2012-07-16

Additional analysis plus more interviews with David Stockman here: http://tinyurl.com/c5hsncx  where he discusses hyper-inflation, bond yields, and more.

While the chance of a simultaneous worldwide banking failure is not zero, there is another, we would argue much more likely possibility: that we'll manage to bungle our way from one crisis to another, with no satisfactory resolution. Meanwhile, the financial oligarchy will continue to tighten its grip on the state and the population with increasingly devastating results.