Like Orwell‘s famous statement from Animal Farm, “All animals are equal, but some animals are more equal than others,” it turns out that bank bailouts are not as equal as the state would like us to believe. Unsurprisingly, benefits accrue to the banks with the biggest depositors.
You May Also Like
World News
The election is upon us. We wonder whether we have to have war, tariffs, and deficit spending, regardless of whom we support. What are...
Editor's Pick
David Kemp In a November 4 blog, I discussed the economics of nuclear power in light of recent nuclear deals by Google, Amazon, and...
Editor's Pick
In this video from StockCharts TV, Julius pulls the curtain back on the updated Relative Rotation Graphs that are now available on the StockCharts...
Tech News
Mac Mini power button got you down? Try a power schedule! | Screenshot: YouTube Apple’s new Mac Mini looks like someone hit the Mac...