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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (57378)7/25/2015 10:45:47 PM
From: sense  Read Replies (1) of 71419
 
What I find remarkable is how willfully people fail to connect the dots properly between things like the fraud practiced by banks trading in rigging interest rates, in the Libor scandal (or, pick another: PM trading, mortgage aggregation fraud in 2008, etc.)... in what are supposed to be a transparent and regulated markets... and those vastly larger and NON-regulated markets for derivatives products, where you have to assume the participants are engaging in very similar behaviors... trading against their clients interests... crafting products they intend to fail, etc., while engaging in frauds that ensure those markets will fail.

Are we supposed to believe they're committing crimes in rigging markets, setting rates, spoofing trades... where we can SEE what they're doing... but AREN'T doing that sort of criminal risk generation and manipulation in the darker corners of the market... where the numbers in play are 20 times larger than the global economy ?

What could possibly go wrong ?
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