this country needs to grow up well in many parts of the world robbie w. or as we call it charming is illegal because it attracts the sharks so i want to look at one of the recent illegal activities of rigging markets and that's libel or this new scandal will cause a terrifying financial crisis and this is from jesse colombo and he says yes it was a very boring yes they still tend tens of billions of dollars but it's creating this the ultra low libel rates which have been low for the longest period ever in history if you look back at the chart that he gives us you see japanese bubble and bust asians economic miracle and crisis dot com bubble and bust us and european housing market bubble and bust and the current lowest level right now so all of those busts are preceded by ultra low la. our rates and then everything is people were secured to get into the water they thought it was safe to get into the water and they got eaten by the predator on wall street you had a really good example of that under the clinton administration after his failed healthcare refo