I thought this was interesting. I’m no economist, but this seems to be on to something…
Hmmm. I am not an economist either. Maybe it’s wrong to just go by feeling but this feels very, very slanted.
It is kind of slanted and in some ways rightly so. What the financial industry has effectively done through deregulation and influence through the years has basically created an environment with (congressional help) where profits are privatized and losses socialized. That’s my take.
Everyone is an economist!