Defaulting banks - where will it stop?

[Magda Hassan]

This is not a financial crisis. It is rather a systemic crisis rooted in the conflicted relation between employers and employees across all capitalist enterprises in the United States. It flows from Main Street as much as from Wall Street. It engulfs households, enterprises, and the government. It is a crisis of capitalism and not merely of finance.

Absolutely Austin. This is overlooked by most and never mentioned by the MSM. 'They' would like us to believe that 'There Is No Alternative' to capitalism and that it is inevitable and the natural state of things and these sorts of crisis are just some thing we must endure like rain and wind and day and night. There was no Depression in the USSR as there was in the 1930's Europe and US. There are plenty of alternatives. Some much better than others.