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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (111917)5/23/2010 5:56:54 AM
From: maxncompany4 Recommendations  Read Replies (3) | Respond to of 116555
 
We know very well what's going on. Governments act in the interest of banks and to the detriment of people. Big problems turn into huge problems as a result, because governments do what banks want. I'm sure there are plenty of good community banks and bankers out there, but the really big banks are run by sociopaths. And they couldn't care less about how people are ruined by their actions and their control of governments.



To: koan who wrote (111917)5/23/2010 10:22:54 AM
From: Claude Cormier3 Recommendations  Read Replies (4) | Respond to of 116555
 
|| The entire world is in economic danger

I agree. But the primary cause is not because of lax regulations. The cause is because governments allowed fiat currencies in the first place, which are created out of thin air. Add to this the fact that governments take form the poeple and bail corporations. You have the problem.

Simply said, too much governments playing with unsound money.


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