A very important interview with a sharp bank analyst.

Worth watching in my opinion.

Chris Whalen and Nouriel Roubini

media.cnbc.com/i/CNBC/components … ayershare/

Hmmm… at one point the chubby guy with glasses (the bank analyst?) says something to the effect of ‘we’ll end up like Europe where all the banks are controlled by the govt’.

Had my pinch of salt after that.

That should really be the govt is controlled by the banks.