The imbecility of financial markets
By Dr.-Ing. Artur P. Schmidt
Tuesday, 14 April 2009
The U.S. sold 27 trillion USD in toxic credit-bundling products all over the world. The success was based to the fact that every minute a new idiot as a buyer was found - to finance the ailing U.S. empire. The process of globalization was the Idiotisierung of internationalized financial markets. Today, many banks are still houses the morgue.
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