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#461 - Martin Armstrong

Shaun Newman Podcast

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The Long Term Capital Management Debt

Armstrong said Russia's going to collapse in about 30 days. He then put it on the front page of London Financial Times. That was published June 27th and by September, it fell. The first time the Fed had to bail out all these banks. And then the bankers blamed me. They said, oh, that I had too much influence because they were bribing everybody. So they thought, just simply because they made the London Financial Times, I caused them to lose all this money.

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