ST Alpha - "I'm 50% excited that the Panama Papers shine a light on a horribly corrupt system and 50% scared to death that it destroys the global economy. -- nm" (Reading a Post)

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I'm 50% excited that the Panama Papers shine a light on a horribly corrupt system and 50% scared to death that it destroys the global economy. -- nm

Posted by volnelk Apr 4 '16, 10:26

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Responses:

How would it destroy the global economy? -- nm - Roger More Apr 4, 10:29 2
- If everything that we assume as fundamental to the system is exposed as somewhat fraudulent. -- nm - volnelk Apr 4, 10:53 1
  - well, there is fraud based on lies (the subprime mortgage market) and fraud based on concealment (tax evasion) - the brain Apr 4, 11:03
weirdly, the 1% almost never follow through on any of their threats to stop spending the mountains of cash they are sitting on -- nm* - the brain Apr 4, 10:28

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