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this will cause massive defaults Im your host Steve Van Meter and thanks for joining me today in our lead story today the next big wave of defaults is months away from beginning and this one is going to impact more American households than the great financial crisis and I know weve been talking about the commercial real estate issue and how its also going to lead to a wave of defaults but the one were going to talk about today is the one that I think sets the entire default wave the next financial crisis in motion were going to look at how the mainstream medias got it completely wrong and even insiders dont even get it they dont understand what the real truth is here and were also going to talk about the triggering mechanism what is going to cause this default wave to begin were going to go dig deep into the data and see just how close we are to that beginning and on top of that weve got more evidence that says the FED is completely wrong lets go to Bloomberg we pick today
