I had a hard time picking a paragraph to quote as a teaser for - TopicsExpress



          

I had a hard time picking a paragraph to quote as a teaser for this article, but if this doesnt make you furious, you probably wont get it anyway: Though its not noted in the article, for-profit corporate banks have also discovered that instead of lending money to working-class people to buy homes or cars, it has become more profitable to simply borrow from central banks at very low interest rates, often less than 1%, and then park that money in government treasuries which pay 2% or 3%—in effect loaning the countrys money back to the same government at a profit. Please do NOT put ANY money in a bank! Credit unions are everywhere! alternet.org/economy/why-we-might-be-verge-another-financial-crash?paging=off¤t_page=1
Posted on: Fri, 04 Jul 2014 01:43:30 +0000

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