Paul Craig Roberts: “Unbelievable Stupidity” led to BANKING CRISIS
With stocks tumbling on Wall Street and increasing worries about more bank failures, the big question is: How Did This Happen?
Former Assistant Treasury Secretary Paul Craig Roberts says the answer is simple: a combination of incompetence, greed, Wokeness, and “unbelievable stupidity.”
He explains in this wide-ranging interview with On Target’s Larry Sparano
To correct myself, this is the source of the banks’ derivative holdings:
Paul Craig Roberts has had careers in scholarship and academia, journalism, public service, and business. He is chairman of The Institute for Political Economy.