Re:Southern Europe Has Not Seen Net Job Creation in over a D...
by api on Thursday June 28, 2018 @04:25PM
(#17420189)
The rich win in either scenario. In the bailout scenario they pocket most of the froth. In the crash scenario hyper-deflation causes cash to increase vastly in real value, allowing the rich to swoop in and buy up everything that isn't nailed down at a massive discount. They then get to ride everything back up as the recovery takes hold and pocket most recovery gains.
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