Quote:
Originally Posted by teomaxxx
yes, wallstreet main interest after 9/11 was to defend average Joe, not to act in its self-interest  .
So they put J6P into the debt, they collected money from false boom period, then J6P started defaulting (nowadays) which will cause Wallstreet defaulting in the future, while the rest of J6P productive economy is going to pay for it.
Great concept.
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It is protecting the average joe through the very seeking it's own interest, or at least that;s what the theory says.