The Dead Marrying The Dead
Weblogs No Comments »Never before in history of mankind, such phenomenon like this happens. It’s just when Lehman was declared bankrupt and Federal Reserve bailed out AIG with taxpayers’ money, more banks are looking to consolidate themselves.
Merrill Lynch is married with Bank of America. Morgan Stanley is looking to get married with Wachovia or another dead institution. Goldman Sachs is probably looking into one. And Citigroup is dying too (not in the news yet).
They are delaying the inevitable. Eventually EVERY SINGLE ONE OF THEM WILL GO DOWN. It is just a question of time.
Bear Stearns collapsed within one day. Lehman Brothers collapsed within one day. AIG collapsed within one day. Soon to follow, they will be Morgan Stanley, Goldman Sachs, Citigroup, and more investment/commercial banks. And finally, the last one to be bankrupt:United States of America. This will happen within overnight. It just takes ONE DAY.
We are living in the MOST EXCITING TIME throughout the history of earth.