Transferring Risk, Parasitic Elite and Extraction of Wealth

in LeoFinance3 years ago

Over the past 20 years, the US government has helped to create a guaranteed path to economic destruction. The government, along with the private central bank known as the Federal Reserve Bank, as well as private banks and financial firms, have created deceptive financial instruments.

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Take a read here. Or watch this video.

You might be shocked to see what has been created. Or you already knew this was being done.

In short, the bubbles with risky invstments have not been followed by the reality of consequences. Instead, consequences for risk has been trasnfered from those doing the risky investments to the taxpayers.

THis has created a low risk financial market for the big players, who keep creating delusion high risk instruments without having to worry about the consequences of them failing.

The result? High level gambling where you don't lose your money when you lose your gamble. The wealthy players who play this game win big as they scam perpetuates, and never face the financial consequences when it fails.

You and me are the ones paying for their mistakes. The system is going to keep collapsing, and eventually they won't be able to reboot and boost it back up with their delusions. Then everything will go to shit.

In the meantime, more wealth disparity will grow, the rich will keep scheming and getting richer, while the rest will keep getting poorer.

Posted Using LeoFinance Beta

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