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The financial system is a fraud. It doesn't make sense that you can keep borrowing money to pump up the value of a speculative asset and then use this growing c
by cryptica 6y ago
The financial system is a fraud.
It doesn't make sense that you can keep borrowing money to pump up the value of a speculative asset and then use this growing collateral to borrow even more money to pump up the price of that asset even more and repeat ad infinitum.
It's extremely frustrating to have to participate in a system which is run by a mix of rich crooks and rich idiots.
It's obvious that it will all end in a disaster but in the meantime, massive talent and decades of people's lives are being wasted away to cater to a bunch of manipulative crooks.