beards&bullmkts on Nostr: Having been a trader on the FX desk at BofA during the financial crisis I had a front ...
Having been a trader on the FX desk at BofA during the financial crisis I had a front row seat for the meltdown - I’m of the opinion that a cleansing fire in 2008 was exactly the medicine that was needed.
Because bailouts were given, the market was no longer able to function as a true market - punishing bad behavior. Which is what has gotten us into the mess we are currently in. I think the government is a bloated sweaty mess that should be shrunken to its barest bones. And the tax bill levied on citizens should reflect that.
Because bailouts were given, the market was no longer able to function as a true market - punishing bad behavior. Which is what has gotten us into the mess we are currently in. I think the government is a bloated sweaty mess that should be shrunken to its barest bones. And the tax bill levied on citizens should reflect that.