An excellent video. This is the heart of much of our economic catastrophe. Sovereign governments are sacrificing themselves for private banking institutions. Trillions upon trillions of taxpayer dollars, world-wide, are being transferred to banks that have destroyed themselves many times over with their Enron-style Ponzi schemes and ‘creative accounting.’ The question is, how long will people stand for it? Soon it will be too late.
Bretton Woods Conference 2011: Simon Johnson on Too-Big-To-Fail