Comments by "MYRESPONSES ARELIMITED" (@myresponsesarelimited7895) on "The Jimmy Dore Show" channel.

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  36.  @ProleCenter ... 🤦‍♂️...ok let me repeat to save you looking, actually let me put it another way, like I said- in a capitalist market- businesses are subject to the discipline of the market- meaning... aswel as making profits THEY TAKE LOSSES ...ergo businesses have to budget for a loss if they wish to remain competitive if the market should slow or collapse, this is basic economics, as sure as businesses can thrive- they can fail, and be brought down by a lack foresight, without budgeting for a loss you will go down at the first hurdle, all this kind of thing used to be regulated- but when the fed- which is no more federal than federal express- when they lobbied Clinton... he axed the Glass/Stiegle act, and replaced it with the Gramm/Leach/Brierley act, allowing banks to start taking on high risk debts like, hire purchases, housing loans and sub prime lending, they then lumped it all together and onsold the debt to investment and mortgage companies like fanny Mae, Freddie Mac, AIG etc- ...so the investment companies paid brokerage firms to designate their investments with a triple AAA rating (the highest) ...they- then onsold those debts to mostly elderly investors and all of them lost their life savings on bs investments, made legal by the government, they called it THE SECURITISATION FOOD CHAIN, which is banker palaver for- we managed to make money of you and then sell your debt to my mate's, who onsell it to retirees, to relieve them of their life savings, and now were shorting the stockmarket - betting you'll fail to make repayments, and Boom- we'll get a double pay out 😉👌 nothing but profit for me, and nothing but risk for duped investors 🤦‍♂️🤦‍♂️🤦‍♂️ .....
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