It's been 4 years since the financial crisis started as soon as Lehman Brothers went under. Still there is no light at the end of the tunnell. While the unelected central bankers are printing loads of money without any thought for the hardworking strivers and savers, the blame game goes on...
While The Bankers blame everybody (regulators, politicians, central banks low interest rate policy, greed of people, rating agencies) EXCEPT THEMSELVES.
The Regulators blame everybody (bankers greed, meddling politicians, central banks low interest rate policy, lack of resources, audit firms) EXCEPT THEMSELVES.
The Politicians blame everybody (greedy bankers, party in power, care-free independent central bankers, rating agencies, audit firms) EXCEPT THEMSELVES.
While the 'unelected-unaccountable' Central Bankers don't care to blame anybody, at the end of the day, it is the hardworking strivers and savers whose money these market-players are devaluing.
Welcome to the today's capitalist world of 'privatised profits and socialised risks' where 'the hardworking strivers and savers are punished while the free-wheeling risk-takers on other people's money are rewarded'
And then having the nerve to say 'We're All In It Together'!!!
Regards,
Pradeep
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