In this unedited interview with Ellis Martin, Jim Sinclair reveals an impending undeclared default of 5 major U.S. banks this week per the ISDA International Swaps and Derivatives Association, related to events in Europe.
In other words, the potential Greek default could have catastrophic consequences here in the U.S.
This is not some underground news report. The Ellis Martin Report is a radio news magazine broadcast during market hours in several major U.S. cities through the VoiceAmerica Business Channel. The show usually deals with potentially undervalued small-cap or microcap companies from a variety of industry sectors.
It looks like some of the giants may be about to fall, and the mainstream media won’t even touch this story. Can you say “media blackout?”
Get your ducks in a row. You heard it here at Blippitt first, folks.
Check it out below.
- Greek debt deal may not relieve Wall Street (cbsnews.com)
- The impending undeclared default of 5 major US banks (seeker401.wordpress.com)
- The Week Ahead on Wall Street: The European debt bomb could still explode, with Greece as the fuse (oregonlive.com)
- Greek Default – The Truth About The Only Way It Will End (hogger15.wordpress.com)