Monnaie de singe
I’m baffled with what is happening to the financial market during the past months. There is so much indecency and obscenity that no one could imagine. The banks are getting a free ride from the US government. Still living lavishly but now on taxpayer’s money. Non-solvent banks should be liquidated and nationalized. The shareholders get nothing. The government should every thing, not just bad debts. But, they are all in the same vicious circle. The Federal Reserve, which is a group of private banks, prints the money and lend it to the government which, in turn, give to other banks for almost free. And you know who is paying for all this.