jfrits

Great Depression Not Imminent, But Inevitable

one difference between now and 1929 is the presence of large, unregulated pools of money, e.g., hedge funds. in 1929 the unregulated money was investor leverage. post-crash laws eliminated the excesses, but, per darwinian law, the "new rich" money has found a way around that-- some of it even found its way into unregulated pools of quicksand -- "Ponzi schemes" -- i wonder how much wall st. bonus money in this way has passed from one unethical parasite to another?