Danielle DiMartino Booth on a potential subprime crisis and stock market crash
Paul Buitink talks to Danielle DiMartino Booth, former Fed insider, author of 'Fed Up: an Insider's Take on Why the Federal Reserve is Bad for America' and CEO of QI Research, about the cracks in the American economy and bad revised labor numbers.She explains how many ordinary Americans are struggling and have been feeling a recession for a long time. We discuss student loan delinquencies and mortgage refinance problems and how this could build up to another subprime crisis. She also gives her view on the Fed and how she expects them to act. Will they lower rates a few more times this year?…
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