it’s a bit more to it than that, and i’m sure you are aware of the whole situation due to the stock market crash of 99/00, the fed’s decision to lower the lending rate to “boost” the economy, the housing market/subprime scheme that fucked over everyone but the investors in MBSs.
Everyday people lost a lot due to the markets and the only people that got bailed out were the ones that didn’t need to. some neo-liberalist economy we live in…:retardclap