THE HEAD OF ‘THE CENTRAL BANK OF THE WORLD’ WARNS THAT ANOTHER GREAT FINANCIAL CRISIS MAY BE COMING

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Most people have never heard of Jaime Caruana even though he is the head of an immensely powerful organization

by MICHAEL SNYDER | ECONOMIC COLLAPSE | JULY 14, 2014

Most people have never heard of Jaime Caruana even though he is the head of an immensely powerful organization. He has been serving as the General Manager of the Bank for International Settlements since 2009, and he will continue in that role until 2017. The Bank for International Settlements is a rather boring name, and very few people realize that it is at the very core of our centrally-planned global financial system. So when Jaime Caruana speaks, people should listen. And the fact that he recently warned that the global financial system is currently “more fragile” in many ways than it was just prior to the collapse of Lehman Brothers should set off all sorts of alarm bells. Speaking of the…

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