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Farmer-Rick

(10,160 posts)
1. There were many people claiming those complicated financial instruments were dangerous
Wed Sep 12, 2018, 09:42 AM
Sep 2018

Those weird financial instruments based on shaky loans were being called out left and right as dangerous to the larger naturally wobbly, capitalist economy. But no one really cared to intervene. You know because rich people were getting richer.

The problem now is that the middle class is much, much poorer then in the last crash. And the tax give away to the uber rich is taking billions out of circulation and giving it to people who are already hoarding money. It will take a year or more for the more than 300 million person, shaky, capitalist economy to react to the withdrawal of billions.

But, yeah, any crash will be made worse by Traitor Trump.



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