Financial Armageddon is Building in the Shadows, And You Bear the Risk

Financial Armageddon is Building in the Shadows, And You Bear the RiskIncreased regulation and low interest rates are driving lending from the regulated commercial banking system into the unregulated shadow banking system. The shadow banks, although free of government regulation, are propped up by a hidden government guarantee in the form of safe harbor status under the 2005 Bankruptcy Reform Act pushed through by Wall Street.

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