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Deutsche Bank has announced a layoff of roughly half of their workforce. Bail-out inevitable. Looks like our regularly scheduled financial crash is about to happen, if a few years late.
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We all have. All this noise about an "economic recovery" has been complete and utter nonsense. It was a wealth grab for the .00625%.
The acolytes of the Chicago school of economics, which has infected every country in the developed world, have taken to essentially bubble macroeconomics, ever since the dissolution of Breton Woods in the early 1970s, and thus we've been put back on the treadmill of "blow bubble up, pop, rich people collect all the prizes" ever sin...