Gog and Magog

[Dondilion]

Originally Posted by finnbow

There was no bankruptcy in 2008 as our creditors were paid. You should get another news source besides RT, TASS and Tucker Carlson.

Meanwhile:

GOLDMAN SACHS: All major economies (except the UK) now look likely to avoid recession this year.

According to capitalists' rules the bad actors should have been allowed to fail...that is officially declared bankrupted.
Instead they were bailed out and what followed was massive printing of funny money.

Quantitative Easing as it was called kept credit rates well low. However the banksters and their friends who were close to the printing benefited alot and quickly transformed easy money into real assets. This contributed to the increasing disparity between rich and working class.