The shysters (banksters) are the ones who allow the asset bubbles on purpose then pull the rug from the common idiots - gathering the underlying assets of the promissory notes and creating yet another largest transfer of wealth in world history.
History repeats. This one will be worse than 2007/08.
“””The shysters (banksters) are the ones who allow the asset bubbles on purpose then pull the rug from the common idiots - gathering the underlying assets of the promissory notes and creating yet another largest transfer of wealth in world history.
History repeats. This one will be worse than 2007/08.””””
I believe we all gasped when Paulson said he was going bail out the banks in 2008 by handing out $700 BILLION.
Fast forward to today and no one seems to blink an eye when TRILLIONS are handed out.
BTW—national debt in Oct 2008 was about $9 Trillion and we are now at $33.5 Trillion.