When the Financial World Almost Stopped

February 9, 2009 at 11:06 pm | Posted in Uncategorized | Comments Off on When the Financial World Almost Stopped
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When the Financial World Almost Stopped: “We were having an electronic run on the banks. They decided to close the operation… If they had not done that, their estimation is that… within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it.”

Very scary, indeed. When will the next crisis occur, and how long will it take before we all find out?

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