Financial journalist Nomi Prins, a former senior banker from Wall Street, gave two interviews to Lars Schall for the German Internet site Metallwoche, in which she talked about her view that we are in a Great Depression 2.0.
By Lars Schall
Metallwoche.de presents an audio interview with Nomi Prins in two parts. You can listen to it under this link:
By starting with a discussion on the “missing link“ between finance and politics in the perception of the broader population, Nomi Prins talked in the first interview about how the banking industry impacts the greater economy. Furthermore, she discussed in detail the philosophy that is running our global economic and financial systems, which is “really crazy“ in her opinion.
Nomi Prins, who grew up in the US state of New York, worked after her studies in mathematics and statistics for Chase Manhattan, Bear Stearns in London and as a Managing Director at Goldman Sachs on Wall Street. After she left the financial industry, she became a prominent financial journalist who has written four books including the highly recommended: “It Takes a Pillage: Behind the Bailout, Bonuses, and Backroom Deals from Washington to Wall Street,” that was published in September 2009 by Wiley. Her most recent book, the historical novel about the Great Crash of 1929, “Black Tuesday,“ is out now (and also available for the Ipad). Furthermore, she is a Senior Fellow at “Demos” (http://www.demos-usa.org/) in New York City, gave numerous interviews to international outlets such as BBC World, BBC, Russia TV, CNN, CNBC, CSPAN and Fox, and her articles appear in the New York Times, Fortune, Newsweek, the Nation, The American Prospect and the Guardian in Britain. The website of Nomi Prins can be found at: http://www.nomiprins.com/. She lives in Los Angeles.