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Originally posted by bjax9er
reply to post by Peruvianmonk
corporations are not the problem, it is the law, and the politicians.
corporations will do whatever it takes to make money, it is human nature.
Originally posted by SeekingAlpha
You are smoking crack if you think the corporations are not the problem. They are bribing and blackmailing their way to record profits while you still blame the "government."
Originally posted by HEYJOSE
Dear ANOK, If we look at all the religious, political, economic and social structures that are on the planet now we see that they are all based on a Master-Slave paradigm. It is time for this to end. Enough. No more. You will also note that the capitalist system is crumbling. It is a dead man walking. It is a zombie Good ridence. No Gods & No Masters. Freedom is around the corner my freind. Can you feel it in the air?
Even if the total dollar amount at risk from Swaps is less than $750 trillion, it is still in the tens, if not hundreds, of trillions of dollars. This is risk that the banks took on after the financial crisis of 2008 that saw them bailed out with trillions of dollars in public money. Credit Default Swaps (CDS) were the reason for the $160 billion bailout of AIG. This market will be the most likely culprit to bring down the global financial system when it inevitably moves back into crisis. The continued existence of the Swaps market after 2008 dwarfs LIBOR manipulation as a scandal.