Self-regulation of globalized banking and finance was a hoax. It only led to "real money" being swapped for "funny money", at the expense of taxpayers, bank depositors and other available victims. So, paradoxically, debt is now deemed more valuable than savings, and leverage is dictating the rules of engagement in this war. Time to re-establish the Chinese Wall between retail banking and investment banking. For starters...
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behave or be gone