Financial engineering a.k.a. legalized fraud is called Gangster Nomics. Real money in the American economy isn't made by increasing production of goods and services or making better quality products; it's made with debt that funds financial trickery like stock buy-backs. These companies and wall street are just a front for the sausage-making of debt, fraud and bailouts when the fraud unravels.
Greg how much notice will we get when the bond market collapses?
Financial engineering a.k.a. legalized fraud is called Gangster Nomics. Real money in the American economy isn't made by increasing production of goods and services or making better quality products; it's made with debt that funds financial trickery like stock buy-backs. These companies and wall street are just a front for the sausage-making of debt, fraud and bailouts when the fraud unravels.
Im gonna stay handsome.