Capital Formation Died Long Ago
We can see the effects of the Monetary and Fiscal Policy Failures
during the 2006 - 2009 crisis.
The blame was reported on you, good citizen consumer.
The collapse of the housing market, fueled by low interest rates,
easy credit, insufficient regulation, extensive leverage and
Toxic subprime mortgages led to the economic crisis of 06-09.
Does this sound familiar?
In reality, what caused the Financial Crisis was deregulation
of the Financial edifice.
Degenerate Gambling @ the Casino, whereby Private losses were
backstopped with Public Funds.
$34 Trillion from the US Central Bank to Global Financial Institutions.
The problem currently, it is orders of magnitude worse.
Buy STONKs, close your eyes and Buy everything.
It'll be okay, we promise...
during the 2006 - 2009 crisis.
The blame was reported on you, good citizen consumer.
The collapse of the housing market, fueled by low interest rates,
easy credit, insufficient regulation, extensive leverage and
Toxic subprime mortgages led to the economic crisis of 06-09.
Does this sound familiar?
In reality, what caused the Financial Crisis was deregulation
of the Financial edifice.
Degenerate Gambling @ the Casino, whereby Private losses were
backstopped with Public Funds.
$34 Trillion from the US Central Bank to Global Financial Institutions.
The problem currently, it is orders of magnitude worse.
Buy STONKs, close your eyes and Buy everything.
It'll be okay, we promise...