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Elizabeth Warren's Prediction Comes True

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In a 2004 interview, Elizabeth Warren predicted the 2008 financial crisis four years before it would happen. John Iadarola and Michael Shure break it down on The Damage Report. Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageRep... Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagerepo... Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport Read more here: https://theweek.com/speedreads/839949... "Sen. Elizabeth Warren (D-Mass.) either has a crystal ball or some serious experience in bankruptcy law.In 2004, the U.S. was blindly headed toward a devastating economic meltdown. Yet Warren knew it was coming, and gave a shockingly prescient breakdown of where America's economic policies were taking the country in a recently surfaced interview with PBS NOW's David Brancaccio.In a segment of the interview, Warren, then a Harvard Law School professor, notably called out then-Federal Reserve Chair Alan Greenspan for focusing on banks rather than everyday Americans and their debt. Warren characterized Greenspan as telling Americans to "borrow against your house ... just to put groceries on the table." But that means trusting that "nothing serious is going to go on in your family that's going to make it hard to make those payments," Warren continued — something that obviously isn't guaranteed." #TheDamageReport #JohnIadarola #TYTNetwork

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190508__DR05WarrenFinancialCrash News Politics elizabeth warren financial crisis senator elizabeth warren warren elizabeth 2008 financial crisis crisis financial warren buffett 2008 crisis wsj elizabeth warren interview global financial crisis financial crisis explained financial crisis 2016-elections warren buffett 2008 interview financial crisis (literature subject) consumer financial protection bureau
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