“False Values” and “Structural Blackmail” is Another “Bigger” Crash Coming?
Posted by Happydude | Posted in Money, News, Politics | Posted on 11-01-2010
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This video is from the Real News Network and according to Professor James Crotty: We are heading for an even bigger financial crash which is due to the creation of speculative bubbles which create false values which lead to huge bonuses! A very interesting insight and some of the comments are as enlightening love the quote:-
“People inflated the prices of tulips and soon everybody was hoarding them,and selling their houses in order to get rich off them.”
The following video is more insight from Profesror Crotty – Exec compensation: “Heads I win tails you lose”