Wall Street Bailout: $9 trillion disaster
The 2018 and 2022 World Cup hosts were announced Thursday, delivering a large economic boost to Russia and Qatar. The only economic boosts in America were given to the banks that were bailed out for $9 billion dollars causing even more economic turmoil. Karl Denninger from The Market Ticker explained the Federal Reserve Charter allows the Fed to make loans to anyone, for any reason they themselves deem appropriate.
The 2018 and 2022 World Cup hosts were announced Thursday, delivering a large economic boost to Russia and Qatar. The only economic boosts in America were given to the banks that were bailed out for $9 billion dollars causing even more economic turmoil. Karl Denninger from The Market Ticker explained the Federal Reserve Charter allows the Fed to make loans to anyone, for any reason they themselves deem appropriate.
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