Nomi Prins has been making the rounds talking about the crash that she predicts will come in 2016 and the consequences of this economic collapse. Nomi Prins says tat the level of government and banking collusion to make up wealth doesn't produce a stable system and she reckons why The six big banks have 85 percent all the assets owned by all banks. People seem to trust these bigger banks and know the government will back up all their deposits and that may of these small banks are even nore corrupt and a systematic failure than the big global banks.
Nomi Prins was also on Greg Hunter's USA Watchdog giving a prognostic for 2016 and she is a favorite among the gold and bitcoin backers out on internet streaming sites. First of all Nomi Prins is too hot to be discussing banking liquidity and so forth. Money is always going to be involved with politics and until there is an alternative to distributing money than banks and government run central banks there is always going to be a need for government and the banking system to work in tandem. Nomi Prins also bashed brazil saying it is a basket case and indeed this coutry always will be and is why less international investment into pathetic international private companies should be conducted by American investors. Y
ou can catch her entire important outlook at http://www.zerohedge.com/news/2016-01-05/nomi-prins-financial-road-map-2016-potential-chaotic-fluctuations-greater-ever and ealize the brillancey of this amazing woman who is moe easier on the eye than ass hiles like Jim Rogers and Jim Rickards. She attacked the dollar and emerging markets holdings of it that continues to plague these societies and cause them to mount debt owning more to the US treasury. Nomi says that the recent rate icrease has caused the market to tumble since the new Year started illustrating why the markets will always be volatile and would never have increase had it not been fr 0% financing that by all indications have done little to jumpstart the economy.
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