Do I want to listen to this? No. Will I? Yes. Not to beware, or to be wary, but to stay aware, attuned to the (still largely) unconscious undercurrents of the collective. Meanwhile, see this, for a richly nuanced view of how to work with loss.
The Impending Undeclared Default of 5 Major U.S. Banks
January 30, 2012
The following interview with Ellis Martin of www.EllisMartinReport.com covers in detail the impending undeclared default of 5 major US banks this week by the International Swaps and Derivatives Association.
This event has the potential to cause a second financial crisis that would require significant financial intervention. If you have time to spare, listen to this interview. If you don’t have time to spare, listen to it anyway.