David, Wall Street and the US Government are responsible for a fraud cloud of 500 trillion plus dollars in derivatives infecting the Global Economy ... a bubble that they can't afford to allow to pop because it would indiscriminately wipe out fortunes and Government treasuries around the world. Even in a best case scenario where they could deflate that cloud in a controlled fashion ... with the help of US Taxpayer dollars ... there will be some huge losers. Currently the situation is like having ten thousand people thinking they have the same right to bite of a ham sandwich.
The cynic in me thinks that Wall Street, the Fed, and the Treasury know that there will be some monumental losers, but they want to use Taxpayer dollars as a sort of throttle in order to insure that payouts are made to a chosen few before the whole Ponzi Scheme collapses.
A scary thought, but then this is Halloween ... Trick or Treat?
Read the Article at HuffingtonPost
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