‘We’re headed for another epic fall’ that will ‘devastate the global economy,’warns ex-Goldman manager and author Nomi Prins. (Photo: Shutterstock)

A former Goldman Sachs managing director who exited the investment bank to expose what goes on inside the industry warns that a financial crisis “more vicious” than the 2008 collapse is building.

“We’re headed for another epic fall” that will “devastate the global economy,” Nomi Prins, author of “Collusion: How Central Bankers Rigged the World” (Simon & Schuster May 2018), tells our sister site ThinkAdvisor in an interview.

It’s the central banks — for the U.S., that’s the Federal Reserve — who have created and fueled the oncoming disaster by “subsidizing” private banks with fabricated money for the last decade. In doing so, they’ve created asset bubbles, argues Prins, who before Goldman, held high-level posts at Bear Stearns and Lehman Bros.

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