At base, the markets are a con game where the rich and powerful employ a raft of confidence men to lure suckers into the latest mania. In this game, the suckers are the general public who are left holding the bag as the market bubble bursts while the smart money swoops in to buy up the leftover assets at pennies on the dollar. In this week’s edition of The Corbett Report, James Corbett pulls back the curtain on the Wall Street casino and reveals how the house always wins the rigged games.
Note: The Wall Street Gang by Richard Ney is an excellent read on topic. I purchased it real cheap online back in 2005 or thereabouts. I see it’s now selling from between $300 & $1000 US. No precis of the book either. I’ve noticed this with another book about land ownership … it’s a time when these truths only a few noticed back then, are coming to the fore. They don’t of course want you to know so the book becomes ‘inaccessible’. EWR