Just read a new story concerning the comments made by a British financial trader to the BBC. The comments made by Alessio Rastani are seen as outrageous and immoral. But here in the economic world most of us would just shrug and say its the truth. The fact is
that for financial traders and anyone connected to the financial industry making money is the golden rule. If it takes another recession to make even more money than why not. Immorality is not even in the financial industry's vocabulary. If it was then to a financial trader like Rastani it would mean not making enough money to support their lifestyle. This is true for Goldman Sachs. They want another recession and another money making opportunity. They do not necessarily see the slumped world economy in the view of a normal person. To them recession is another bailout. Hopefully many of you agree with my insight. However if you do not agree than tell me why.
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