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RE: The Financial World Does Not Know What Is Going To Hit Them

in LeoFinance3 years ago

"The financial collapse in 2008 taught us something very valuable."

Interesting comment. Many, many people saw the bubble bursting even before 2008. Many people did learn from 2008, but, knowing something and changing your behavior to change it are two different things. Knowing something and changing the behavior of your government and financial systems is almost impossible. That change comes after a revolution.

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Yes many were on the sidelines but even if they were, in a round about way, they often got whacked.

Certainly we see governments and bankers still doing the same thing. There were valuable lessons some of which were learned. The banks are only recently getting some of their freedom back which will likely lead to another implosion.

A leopard, in the case the bankers, do not change their spots. Crooks are going to be crooked.

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