Voodoo economics is a valid term, it was just used in the wrong way.
The western world today is currently running on a vast system of voodoo economics.
> Voodoo economics is a valid term, it was just used in the wrong way.
The western world today is currently running on a vast system of voodoo economics.
And the scheme will continue until the lenders demands their money or else. As it is lenders are robbing Peter who’s is robbing Paul who’s robbing Matthew, etc...No one’s really calling in the notes yet because they’re all financially blackmailed to each other. I think its possible lot of the bankers who’ve committed suicide were probably in charge of large portfolios that had ghost / fictitious collateral (fraud) involved and investors were not being paid the returns they were promised. Its also entirely possible they were induced to invest in fictitious funds that only existed on paper. I believe we will see even more bankers committing suicide as lenders and investors start figuring things out...
The large print giveth and the small print taketh away....