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"Show us on the collateral"

There is no there there


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JP Morgan and other frauds

We've given these guys their chance.

They ran the financial system exactly the way they wanted to.

What did they do?

They created banks that are secured by NOTHING and through the magic of re-hypothecation have a achieved a near infinite loan-to-reserve ratio.

The inevitable outcome?

Come on, even a child can understand that this isn't going to work.


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