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Structurally western economies are financially bankrupt


Some in uk in financial industry may comment and enlighten you

Banks in western world are run like hedge funds

Their capital is leveraged up to 50x to invest / speculate in T bonds and derivatives, you may say like in casino but they are the customer not the house

There is no price discovery in trillions of dollars in bond market

Uk is broke economy, where did they get trillion pounds to pump up financial industry

From tax payers , for next 100 years

It is shell game with 100 cups

I am not here to teach finance here