Profit, Mostly loss

By | August 14, 2019

Why We Need to End Banks and Shadow Banks.

During the financial crisis and the resulting Great Recession in the 2008-209 period, the world’s banks lost more money than all the banks in history had made in profit for all time.

That takes a special sort of superhuman incompetence. All bailed out, of course, by the government and taxpayers.

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