If Trump indeed tanks your 401(k) to make himself and his friends even richer, the opposition party should make that the centerpiece of their attack heading into next year’s election.
shadow banking system
Follow:
-
Parasite #1: The Shadow Banking System
Despite the 828-page Dodd-Frank Act, the derivatives pyramid has continued to explode to a value now estimated to be as high as $2 quadrillion.
-
Is Homeland Security Preparing for the Next Wall Street Collapse?
The Department of Homeland Security recently purchased 1.6 billion rounds of ammunition and is acquiring heavily armored tanks which have been seen roaming the U.S. streets. It's clear this is meant for unrest at home, and not abroad.
-
Armageddon On Wall Street: The Looming Mass Destruction from Derivatives
The shadow banking system is propped up by a hidden government guarantee known as safe harbor status, pushed through by Wall Street, which has created perverse incentives for the financial system to self-destruct.