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It's hard imagining greater brazenness. It's harder knowing the Supreme Court ruled banks and other financial entities immune from securities fraud by those harmed.
Washington alone may sue for redress. It rarely happens. Criminally prosecuting top officials never follows. They're free to steal again. They take full advantage.
No one knows for sure what's coming when. The late Bob Chapman warned about impending crisis conditions. He predicted an eventual house of cards collapse. Only its timing remains uncertain. It could come any time from now to 2017, he believed.
America's economy is much weaker than reported. Europe's in crisis. Conditions have been deteriorating for years.
Bailouts at best buy time. They delay eventual day of reckoning final say. They assure greater trouble. Burdensome debt gets more onerous and harder to repay. Solving a debt crisis by adding more assures failure.
Billionaire investor George Soros warns about a potential EU breakup. He compared it to Soviet Russia's dissolution. "The European project is stalled," he said.
"And if it can't go ahead from here, it will go backwards. (T)he euro will go to pieces and the European Union, too."
Market analyst Graham Summers warns about a European house of cards collapse. Politicians aren't "famous for honesty," he said. Systemic corruption exacerbates crisis conditions.
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