Securitization in the foreclosure industry is what happens when there is too much money on top of the economic ponzie scheme and not enough investment opportunities to go around.
Until interest rate dividends are inverted, and the poorest receive the highest rate of return on their savings, and the richest receive the smallest rate of return on their savings, we are doomed.
The internet has created a communication efficiency paradigm that cuts profit margins because of the consumer ease of cost comparisons. Because of the internet, the days of higher profit margins are basically over, unless slave labor is added in to the formula.
You want huge profits, own part of a satellite, another huge JOB KILLER. Every time a satellite sends a signal to a new subscriber, another angel gets its wings cut off. Nowadays, huge profits mean someone has figured out a way to produce the same product with less people, aka, digitalizing the process. Increased efficiency means less overall jobs, yet the banksters continue to try and indenture their customers with obscene interest rate charges.
Rich people need to back off and simply PROTECT what they already have, and leave the remaining profit crumbs for the masses to survive off of, if they don't, we are all doomed, sooner, rather than later.
No comments:
Post a Comment