From my little knowledge of e I o ice this crash began in proper in 2008 with the GFC . Banks worldwide were propped up by Federal bank money printing. The biggest winners appear to be Blackrock and Golman Sachs and other big investment groups. There were laws passed in Australia wherein in the case of another bailout the customers loose…
From my little knowledge of e I o ice this crash began in proper in 2008 with the GFC . Banks worldwide were propped up by Federal bank money printing. The biggest winners appear to be Blackrock and Golman Sachs and other big investment groups. There were laws passed in Australia wherein in the case of another bailout the customers loose all their money deposits whatever the bank can take- called a bail in. There has been universal denial this is like a snowball.
From my little knowledge of e I o ice this crash began in proper in 2008 with the GFC . Banks worldwide were propped up by Federal bank money printing. The biggest winners appear to be Blackrock and Golman Sachs and other big investment groups. There were laws passed in Australia wherein in the case of another bailout the customers loose all their money deposits whatever the bank can take- called a bail in. There has been universal denial this is like a snowball.