dimanche 6 août 2017

Griftopia, by Matt Taibbi

This book explains what really goes on between Wall Street and the US Federal government.

I've read quite a few books of this genre; of all of those books, this one does the best job of explaining:

  • How the populace is brainwashed and manipulated by the Wall Streeters.
  • That Wall Street controls much of what happens in Washington.
  • That Wall Street's current business model entails design and cultivation of various bubbles from which the Wall Streeters profit enormously.
  • That the downside of capitalism doesn't affect the Wall Street firms, because they know they will be bailed out by the feds when the bubbles they nurture inevitably burst, since they are Too Big To Fail.
  • How the Wall Streeters have engineered shady deals and legislation that have enabled them to become Too Big To Fail.
  • And much more.

BTW, this book is not only informative; it is also a really entertaining read.

Why am I posting this on a survivalism Web site? Because any prepper who does not understand what really goes on between Wall Street and Washington is probably making some unwise decisions that could leave him vulnerable in a SHTF situation.

Let's block ads! (Why?)



Griftopia, by Matt Taibbi

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