Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label securitization. Show all posts
Showing posts with label securitization. Show all posts
12 April 2012

Securitization - The Undead Heart of the Shadow Banking System

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Here is a study of the shadow banking system, and what changed that helped to fuel the credit bubble and the financial collapse. The roo...
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