It's Not Libor Stupid, Central Banks Are The Problem - Forbes
There is now a noticeable change occurring, a ‘sharks smelling blood’ scenario where a number of mainstream sites such as this one, Bloomberg, even the NY Times, are starting to ratchet up the call for serious, fundamental change in the current global structure….events now occurring are different than in the past….The ‘crash of 2008’ occurred in September of that year, the 9th month….counting the zero year at the beginning of this decade (2000), 2008 was the 9th year….9 represents ‘completion’……we will soon enter the vibration for the 9th month of this year…….. TL
it’s “the banking industry’s tobacco moment.”…..He was referring to the potential mountain(s) of litigation being drawn up already to claim that gross manipulation of interest rates caused billions, maybe trillions, of dollars of harm to borrowers and financial players of all stripes.