Sound advice!
Donald Trump wants the big banks to take the kind of risk that caused the housing crisis. I started working in the hedge fund industry as an accountant in 2008. I saw their books, including some held at Lehman Brothers. It was mostly a bunch of write-offs and unwinds and legal payments.
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Whoa, that’s a lot of reading, but it’s very informative and enlightening.
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It’s a very good post, sadly Mr Trump is not interested in preserving the system. There’s speculation that he wants the banks to fail so there will be a financial reset as the whole corrupt central banking/ Federal Reserve system will be abolished.
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