Thursday, September 25, 2008

How the Financial Meltdown Came To Be: The Crooked Deal

Because there was a lack of new businesses that could pay for the cost of money, and there was a vast fiscal war effort that, in effect, made it so easy to profit by following that flow of demand, rather than some less certain one, it was inevitable that the financial system would turn to complexity. If you can't dazzle them with results, bury them

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