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The Almighty Buck

Journal Journal: "Of course, this was mostly an illusion" 6

A former head economist at the IMF, after having to deal with smaller nations with corrupt leadership and banks, has some stern warnings for the US. The rise of the financial "industry" to unprecedented levels as a percentage of the economy is the main reason for the economic downfall of the US, as it takes more and more of the profits out of the true wealth creation system built up over generations, and shifts this wealth into fewer hands. He has seen it so many times before, that he warns t

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