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Why were so few people able to see what was happening when Wall Street went feral, resulting in the GFC in 2008? I have to say, I can't blame them for taking advantage of the situation. From what I see happening now, we are simply heading for the next GFC, probably sooner than later.
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A book anyone interested in how the money market works should read. Some background behind the US "subprime" disaster. Incredibly, people who were being paid tens, often hundreds of Million $ a year either were very dumb or very corrupt. yet they all walked away with their $ while the US taxpayer picked up the bill.
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