William Black "is an American lawyer, academic, author, and a former bank regulator. Black's expertise is in white-collar crime, public finance, regulation, and other topics in law and economics. He developed the concept of "control fraud", in which a business or national executive uses the entity he or she controls as a "weapon" to commit fraud."
He was fired as a bank examiner.
I follow him on a regular basis since 9/11 when I went on a search for who predicted the terrorism. I find he foretells what will happen in the economic domain and it does. He was one of those who predicted the 2007 & 8 collapse. He now predicts a crash of the economy, worldwide.
Those who remember the Big Depression remember living standards during that period of history.
By the way, others who predicted the 2008 downturn and to whom I refer were:
He is an author
Well, let's hope his worldwide collapse doesn't happen or many of us will have no money. I mean no money at all. It seems that some have been fighting forever to get rid of your social security, start you an IRA instead, or put a feather up your behind. That way they could have the money that old folks, the disabled, and dependant children all recieve right now. Then when the big collapse hits they can say it was because of all the payola they had to shell out that caused it. That's right. Blame it on us. The jealous would buy into it.
Once most of us have died off they can regain control and start paying a small amount to the third of us that are left. Once again start telling us that they care and wanting us to vote them into office. Sometimes greed means that you thin out the herd.