Comments by "Sciagurrato" (@sciagurrato1831) on "Did big banks take over the Treasury? Bank crisis exposes public realities of private banking" video.

Forceful, powerful and completely convincing. And today’s situation was predicted by you after the incompetent handling of the 2008 crisis. You can thank the jackal Clinton and the Congress for dismantling Glass Steagall. Now wildly speculative actions are legal and, in the case of the “systemically important” banks, all losses of the bank — and the extravagant bonuses paid to executives — are laid at the feet of the taxpayers. The pharisee banking system is hardly a surprise when you look at the banking and economic leadership of the US. No one could accuse Piketty of understanding financial capitalism. That is why the work of Hudson and Desai is of true and lasting importance.
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