Just 39% of the middle-class Americans surveyed in a Harris Poll commissioned by Bloomberg in late March and June believe their financial situation will improve within the next year.
"I think we're in the middle of an ongoing crime," Dr. Yeadon stated. "I'm convinced that it will be the biggest crime in history. It's global. It has the intent of control, removing everybody's freedom, and I personally think will involve killing further millions, if not billions of people."
During an interview with CBS News on Tuesday, Moody’s Analytics Chief Economist Mark Zandi stated that the problems in the banking industry are the inevitable result of rate hikes by the Federal Reserve where “things are going to start to wobble and break and it’s going to feel uncomfortable.”