Agreed, Mr. Franken.
How about this idea? A Pyramid scheme based on taking debt and turning it into securities that are then sliced into derivatives, inflated in value, and pumped into the perpetual motion machines of the World Float Market?
But how to sustain such a money making mechanism? Well first of all ... duh ... you have to get rid of all the regulations you can and compromise the regulatory agencies that remain, not a problem.
Then there is the issue of fresh money coming into the Pyramid at the bottom ... how to do that? Ah hah! Easy credit! Credit Cards for EVERYONE! That'll do it! Who cares if the card holders amass access to credit they could never pay in six lifetimes were they to use it all? it's the CDOs from their debt we want as octane for the Pyramid ... besides, draconian bankruptcy laws will keep them in line, as long as they don't all default at once, but that would require a Crash. No way!
cont ...
About Economy
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