How the World Heads for the Next Crash
by Yves Wegelin, 2017, woz.ch
The greed for money seduced bankers to take greater and greater risks. So they granted mortgages to destitute Americans that they sold as securities to other greedy bankers all around the world. That was the conclusion of the official US investigation of the financial crisis.
Governments secure the money of the rich. State debts have grown in nearly all countries of the world since 2010. Ten years after the outbreak of the financial crisis, the economy is again in a standstill or mired in crisis. Trump wants to cancel the most recent bank regulations and cut taxes for corporations in half.