{"id":531,"date":"2012-05-21T10:00:00","date_gmt":"2012-05-21T10:00:00","guid":{"rendered":"https:\/\/blog.alexanderhiggins.com\/?p=531"},"modified":"2024-04-24T12:38:04","modified_gmt":"2024-04-24T12:38:04","slug":"cramer-financial-anarchy-bank-runs-spain-italy-weeks-136101","status":"publish","type":"post","link":"https:\/\/blog.alexanderhiggins.com\/economy\/cramer-financial-anarchy-bank-runs-spain-italy-weeks-136101\/","title":{"rendered":"Cramer: Financial Anarchy, Bank Runs In Spain, Italy Within Weeks"},"content":{"rendered":"
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On Meet The Press this morning MSNBC Mad Money host Jim Cramer warns there will be financial anarchy and bank runs in both Spain and Italy within weeks.<\/h3>\n
On MSNBC\u2019s Meet The Press Jim Cramer tells host David Gregory \u201cI\u2019m predicting bank runs in Spain and Italy in the next few weeks. Without coordinated policy there will be financial anarchy.\u201d<\/p>\n
This is particularly alarming given Cramer\u2019s obvious conflict of interest.<\/p>\n
Scaring mom and pop away from the market with talks of global financial collapse due to the spirally out of control European sovereign debt crisis means less viewers for his show<\/p>\n
As such he is constantly a cheerleader for the markets and even in the middle of some of the worst crashes has stuck to the mantra of the retail investors to ignore the doom and gloom.<\/p>\n