Rosner says we need global debt restructuring - 50 years at 50 basis points.
Outstanding interview. Rosner & Ratigan on banks, foreclosure fraud, MERS, mortgage putbacks, global economic restructuring, Ireland & Eurozone bailouts.
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From Ratigan's website:
A collision course with a global restructuring — do the countries of this world and those who lead them have the guts to actually do it?
To find answers, we called Josh Rosner. Josh is Managing Director at independent research consultancy firm Graham Fisher & Company, where he advises regulators and investors on housing and mortgage financial issues. Josh was among the very first to identify the operational and accounting problems that were ultimately the catalyst for the collapse in 2008.
“These practices continued to be used as a method of strip Americans of their property rights, and to allow banks to pay the executives in charge exorbitant sums of money while collecting even more exorbitant subsidies from the tax base of their own country or the world,” says Dylan.
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