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Well, banking is by a common sense definition a perfect crime:
- you make money by lending assets that don't exist
- you turn non existing assets into existing
Then there's a brand new trend:
- If you're big enough then you're not valued for your productivity, but for the amount of overall debt you are able to create, this way you keep millions of your clients as a political ransom and cash fat bailout checks
So basically, if you're a part of the top X banks you can fuck everything up, yet you're still on the top of the food chain - what other business works like this?
This doesn't apply to over 130 banks that went belly up over the past 2 years though.
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