• 16:38 - 20:17
Ellen Brown | Bankster Thugs, The Web of Debt, & The Public Banking Solution
Russian Economic Resilience, Predatory Lending, and Shadow Banking
The discussion shifts to Russia's ability to withstand economic pressure due to its internal resources and social services. Brown then draws parallels between the 2008 housing bubble and current predatory lending in the car loan and student debt markets. She warns that the growth of the shadow banking system and the massive volume of derivatives tied to these debts could trigger a financial collapse more severe than the previous crisis.