Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo

An internal memo from a top Citibank analyst reveals what the banks really think about the global financial situation, and the outlook is grim.

“The world is not going back to normal after the magnitude of what they have done. When the dust settles this will either work, and the money they have pushed into the system will feed through into an inflation shock,” wrote Tom Fitzpatrick, Citibank’s chief technical strategist.