David Cay Johnston is an “American investigative journalist and author, a specialist in economics and tax issues, and winner of the 2001 Pulitzer Prize for Beat Reporting.” (Wikipedia)

Here Professor Johnston explains his latest article and why he thinks we may be on the brink of another economic meltdown. The clues are large cash infusions — once again! — to the few banks considered “too big to fail.”

See YouTube interview here: https://youtu.be/xL9ZF2fV5do?si=RMnVcl6B-BhAim3l

Read Johnston’s article about these bailouts here:
“Big Banks Enjoy Stealth Bailouts – A DCReport Exclusive”

EXCERPT FROM THE ARTICLE:

“The sudden spate of cash shortfalls raises serious concerns about the stability of the largest banks and the utter failure of 21^st Century regulators to identify problems and protect the public.

“Will Wall Street soon seek another huge bailout of the kind that the George W. Bush administration forced on the public in its final months? Congressional leaders from both parties insisted in 2008 and 2009 that such a debacle would never again be allowed or become necessary. Do you believe that?

“If you think there’s little to no chance that the Trump Administration will give Wall Street whatever it wants, keep in mind that Donald Trump just blew nearly $40 billion dollars of your money bailing out Argentina.

“There’s an obvious question raised by the sudden need for serial and NOW UNLIMITED cash infusions: are we facing a repeat of the economic collapse of 2008, which by some measures caused deeper and more lasting harm than the Great Depression?”