We have a rather pessimistic approach..."
Poster Comment:
Macleod: "The Last This Happened Was 1929-32..."
https://www.zerohedge.com/economics/macleod-last-happened-was-1929-32
As night follows day, another banking crisis will rapidly escalate... on a greater scale than ten years ago. And the evidence from failures in the dollar repo market in recent weeks points to the banking system beginning to unravel now.