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It's rather insulting for a vice chairman of Citigroup and a member of that elite club that helped topple Iceland's economy to lecture people on the further rui
by zotz 15y ago
It's rather insulting for a vice chairman of Citigroup and a member of that elite club that helped topple Iceland's economy to lecture people on the further ruin that he, by his very occupation, assists in actualizing.
- philwelch 15y agoCitigroup profits from the higher education bubble as much as anyone. And it is always naive to blame a small group of elites for structural economic problems.
- zotz 15y agoThe small group of elites that have a monopoly on the issuing of credit and currency ARE the structural economic problem. It's their baby. We just get to pay for it. It's far more naive to discount a monopoly. Always.