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The New DU. Reply #3: I don't see how we avoid another implosion...
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CoffeeCat
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Wed Nov-16-11 12:24 AM
Response to Reply #2 |
| 3. I don't see how we avoid another implosion... |
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I used a bit of loony humor to demonstrate that we are headed that way.
It seems so ridiculous, but it's reality.
Seriously. Where did all of those worthless derivatives and mortgage-backed securities go? They
are complex and there are trillions of dollars of them out there. Or at least they were out there
during the 2008 economic implosion.
Where'd they go?
And why in the hell are these banksters still trading them? And creating new ones?
I don't think most people understand that banksters are CURRENTLY engaging in the very behaviors
that imploded the economy in 2008.
The house of cards--was not fixed and is still a house of cards.
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