I read the entire thing and not once did the author even touch CDSs or even where the banks got 40 trillion dollars from[1].
Most people don't believe banks are inherently evil. Just in this case in the last decade they spent so much time screwing each other they ended up screwing every one of us.
[1] For those that don't know, from 2000 until 2008 the global money supply went from 36 trillion to over 70 trillion. Listen to NPRs "Giant Pool of Money"
Most people don't believe banks are inherently evil. Just in this case in the last decade they spent so much time screwing each other they ended up screwing every one of us.
[1] For those that don't know, from 2000 until 2008 the global money supply went from 36 trillion to over 70 trillion. Listen to NPRs "Giant Pool of Money"