Courtesy of Lee Adler of Wall Street Examiner
Russ Winter of Winter (Economic and Market) Watch, Aaron Krowne of ML-Implode.com, and the Wall Street Examiner’s Lee Adler discuss how the FHA losses are another sign of the corrupt corporocratic government rot that is destroying confidence in the financial system and the economy. Russ talks about how the corruption and stealing is causing widespread loss of confidence in the system that is slowly but surely leading to a cataclysmic market collapse. Lee says that the market is at a major inflection point and gives the parameters for whether the bulls or bears will take charge. This is a free podcast, available to all. Click here to listen.