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manfredhumphries
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The Masters of the Universe Fallacy - Steve Saville - Speculative Investor

A conspiracy involves exquisite planning and perfect execution from a distance. Think about the people in positions to contribute to such a plot, and I think you will find that they just aren't smart enough.

Commented 3002 days ago

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Beginning of the headline :Whenever there’s a major financial crisis, the largest commercial and investment banks invariably take big hits. This causes them to either go bust or go in search of a bailout. In fact, as far as I can tell there has never been a case over the past 50 years of an elite financial institution being on the right side of a major financial crisis. The same goes for central banks. Judging by their words and their actions, the heads of the world’s most important central banks have been blindsided by e... Read More

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