Wall St For Main St

Nomi Prins: Big Banks Already Failing Stress Tests Before Next Major Global Financial Crisis

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Sinopsis

Jason Burack interviewed returning guest, former managing director at Goldman Sachs & Bear Stearns turned whistle blower and author, Nomi Prins http://www.nomiprins.com/. Nomi's full bio is here: http://www.nomiprins.com/biography/ Nomi is the author of numerous books including, All the Presidents' Bankers: The Hidden Alliances that Drive American Power https://www.amazon.com/All-Presidents... She is currently working on her newest book, Artisans of Money, which will be out later in 2017. Nomi's review of 2016 and 2017 political/markets predictions: http://www.nomiprins.com/thoughts/201... During this interview, Jason asks Nomi about the effects a strong US Dollar on the US Dollar Index can have on the global economy and how much damage it can do to the global economy? Jason and Nomi discuss how the amount of foreign government denominated debt in US Dollars and foreign corporate debt denominated in US Dollars has basically risen an order of magnitude in the last few decades. Jason then asks Nomi