“There is an intimate connection between the collapse of the financial system both in the United States and worldwide and US international policy and its manipulation by class of hyper wealthy Jewish Zionists,” Joachim Martillo told Press TV on Monday.
The financial expert also warned that the ongoing eurozone debt crisis could send “the American economy, perhaps, back into recession.”
“We are going to see more foreclosures as the economy worsens. There is little doubt about that,” Martillo added.
Millions of American families have lost their homes to foreclosure over the past five years as a result of the financial crisis that hit the country.
According to some reports, about 9 million homes entered the foreclosure process between January 2007- onset of the latest US financial meltdown- and 2012, out of which 4.3 million properties ended up foreclosed.
Activists are calling for a moratorium on foreclosures and proper action against the banks they hold responsible for creating the crisis in the first place.
DB/GHN
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