America's bankers are oligarchs
America's bankers are oligarchs – Boing Boing
There’s a term to describe the cozy relationship between the leaders of the American financial system and the regulators that lead to the current economic predicament- an oligarchy. That’s the opinion of former chief economist of the IMF in the Atlantic.
There’s something reassuring about knowing that the source of the global economic crisis is not a completely brand new or unknown idea. Once we know the type of problem we’re dealing with, there’s a higher chance of being able to resolve the problem.
