Epoch Times: What’s your take on the economy?
Bill Laggner: The real economy keeps going in reverse and yet the central banks, the primary dealers, and the political economy keeps growing.
Media, law journals, and America’s regulators cite patterns of big banks violating U.S. laws and regulations for financial gain, including bypassing U.S sanctions against Iran, money laundering, and breaking U.S. tax laws. Many of the global banks face charges, pay fines, and then later are caught again for another violation because the fine is no more than a slap on the wrist.