NÃO MUDOU NADA: eles fazem exatamente as mesmas 20 coisas que geraram a crise de 2008.
2) - Deregulating and even promoting insane levels of derivatives (ring a bell?)
3) - Following policies which lead to rampant inequality (that didn’t work out last time)
4) - Letting white collar criminals know that they have free rein to do whatever they want, and they won’t be prosecuted (once again)
5) - Letting giant banks get bigger and bigger (government helped them get big before)
6) - Bailing out the banks with hundreds of billions a year (it creates dangerous “moral hazard” – just like before 2007 crisis – and again destroys sovereign nations)
7) - Crony capitalism has gotten worse than ever (though heroes fought it for 100 years)
8) - Enacting policies which suck money out of the U.S. , and ship it abroad (as doing for 50-plus years)
9) - Enacting policies which discourage people from even trying to find work(government employment policies have been bad for a long time)
10) - Giving the Federal Reserve more power than ever (while a neutral government agency says that the Fed is riddled with corruption, and economists say the Fed caused many of our problems in the first place, and has too much power for the good of the economy)
11) - Blowing insane large speculative bubbles (burst in 2007, caused last crisis; see this)
12) - Leverage is back to pre-crash levels (it was one of the main causes of the crash)
13) - The humorously-labeled “financial reform” laws passed in the wake of the crisis have intentionally allowed fraudulent accounting; and here and here (deja vu all over again)
14) - And the big banks and financial institutions are engaging in the same risky behavior which got us into the crisis in the first place. For example, they are:
15) - Trading even more risky derivatives than at the height of the financial crisis
16) - Taking insanely risky bets (see this, this and this) with the money that we deposit into our bank accounts. 17) - When some of their risky bets blow up, they will either look to the government – once again – for a bailout, or to our bank deposits
18) - Getting back into “synthetic” financial instruments – and here – which are even more disconnected from real assets than regular derivatives
19) - Once again doing no-document mortgage loans
20) - Engaging in an ever-larger crime spree
