Banking & Finance
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Understanding the US bank bailouts
Posted on 02 February 2011 with 1 comment from readers
On a lighter note, after a rather heavy week of revolution in Egypt. However, this amusing video has an extremely serious undertone, explaining how bank bailouts have ripped off the public.
You also need to go a step further and ask yourself: what does this mean for the future? Has the financial crisis really come to an end? No. Will banks lend again to keep the weak recovery going. No. Should the stock market be rising? No.
1 Comment posted by readers:
I’m surprised that there’s no comments yet from your readership . . .
and especially surprised that Bill Simpson didn’t provide a response.
This cartoon video clip, like all of the other ones that preceded it, should be watched by all!