- 15 Dec 2016 21:12
#14750128
The majority of money gambled away daily by banks is not in the form of loans but in the form of investments in the stock market. Banks collapsed mainly because of their exposure to financial products and not because of bad loans.
And that is also the reason why QE makes no sense and why people like Corbyn talk about QE for the people and they have a point. Because banks are given credit in the form of QE and they gamble it away trading instead of investing.
That is also the reason why people like Corbyn are brutalised by the media more than dictators and people like Trump. That is the reason why Greeks have been vandalised more than leftists vandalise racists and more than racists vandalise minorities, because they dared suggest such things which is hubris for the banks and far more substantial things than partisan mud-slinging.
And that is also the reason why QE makes no sense and why people like Corbyn talk about QE for the people and they have a point. Because banks are given credit in the form of QE and they gamble it away trading instead of investing.
That is also the reason why people like Corbyn are brutalised by the media more than dictators and people like Trump. That is the reason why Greeks have been vandalised more than leftists vandalise racists and more than racists vandalise minorities, because they dared suggest such things which is hubris for the banks and far more substantial things than partisan mud-slinging.
EN EL ED EM ON
...take your common sense with you, and leave your prejudices behind...
...take your common sense with you, and leave your prejudices behind...