One year and trillions of dollars later, the amount of money banks and credit card companies are lending to consumers is shrinking, while big corporations and Wall Street are awash in dough – our dough.
One year and trillions of dollars later, the amount of money banks and credit card companies are lending to consumers is shrinking, while big corporations and Wall Street are awash in dough – our dough.
Remember when high risk and reckless trading led to economic collapse?
That was so five minutes ago.
Goldman-Sachs is back to its old tricks, roaring to record profits from high-risk trading - and the federal government is aiding and abetting the whole thing.
You might have thought the feds would be discouraging Goldman from using the economy as its private casino, but that’s far from the case.