Paul Craig Roberts Warns "The US Economy Is A House Of Cards" | Zero Hedge

Capitalism has been transformed by powerful private interests whose control over governments, courts, and regulatory agencies has turned capitalism into a looting mechanism. 


Wall Street no longer performs any positive function. Wall Street is a looting mechanism, a deadweight loss to society. 


Wall Street makes profits by front-running trades with fast computers, by selling fraudulent financial instruments that it is betting against as investment grade securities, by leveraging equity to unprecedented heights, making bets that cannot be covered, and by rigging all commodity markets.


Paul Craig Roberts Warns "The US Economy Is A House Of Cards" | Zero Hedge



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