More than 1 Trillion Dollars in A traunch CLO's set to default if intrest rates rise
14 trillion in Currency and credit swaps found to be "Risky" to world financial system (they actually indicted the banks over currency trading fraud, this will be coming back to bite us in the ass this year however) archive.fo/Vk1Bc
To top it off real wage earnings in the US have decoupled more than 150% since labor union participation has fallen: wealth inequality indicators world wide put the US at a whooping 14.5, with ghana being slightly above at a 14.3 and mozambique below with a 14.6
Zero hedge uses the spray and pray method that has worked for gold sellers, this is down to the ground practicle economics analysis that show a failing economics system thank you.
Gabriel Morales
Indeed, we are in for dark times ahead. Communism is not the answer but neither was capitalism, both violate natural law and thus put us in horrendus unnatural circumstances.
Jose Sanders
just because i say capitalism is dying, doesn't mean i think communism is the answer
Carter Fisher
My apologies, I did not mean to insuante you had suggested communism was the answer, I was merely expanding on my views so people do not align me with economic theory i dont agree with.
u realize the capitalists on wall street love the Fed right? lmao
Mason Reed
Your right, but thats only because the fed lets them privatize and create a state sanctioned oligarchy around their money funnels. It is socialist in the sense that 4 manor banks decide which of our businesses are allowed to grow with cheap cash and which arent.
Ryder Lopez
(((capitalists))) do yes.
Dylan Sanders
This. History rhymes not repeats but we are overdue for world changing financial resets.
>REIT implosion imminent >article is on a sub-$200m write-off lol k.
Cameron Williams
200 million is a noticeable percentage, please brainlet. Thats a 0.75% of total networth for simons lost in one property, you clearly have not been doing your homework
Juan Hill
Bump
Ryan Wood
I’ve come to understand that there’s really no fundamental difference between capitalism and communism. You ultimately end up with an elite class that rent seeks on capital “owned” by a managerial upper class that ends up destroying whatever middle class has or could have existed forcing everyone else into lower class despair.
Blake Perry
Imagine listening to a poo leaking from /biz.
Worse than falling for a MLM scheme.
Luis Lopez
Short the S&P 500 then dipshit. Make tons of money off the "imminent collapse."
