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Re: Lewrock post# 165082

Saturday, 10/28/2023 7:45:44 AM

Saturday, October 28, 2023 7:45:44 AM

Post# of 194814
It just proves the irresponsible financial leverage. Yes, it better survives. The failure to do so would cause a terrible disaster for many small investors, the financial ‘ big to fail’ industry will no doubt be bailed out again.
The financial ‘ industry ‘ doesn’t create any real economic value or productivity , it makes money with money, it builds ‘castles of air, creates debt, awards its own leadership with exorbitant compensation and takes it funding from society. If all goes wrong, it’s the small investor and the tax payer who are asked to pay the price. I hope AI and crypto will rule into the power of the financial sector and its powerful facilitators, the market maker monopolies. The American middle class has been paying the price since 1990, whilst the winners have taken all.
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