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Guy Ventner's avatar

We are hitting the wall. Don't think this is limited to just Japan, they are the BIGGEST external Holder of US debt! they unload it...the FED has to ADD to the $7 TRILLION OF DEBT they already have along with the $37 Trillion at the Treasury($130,000 A PERSON). We have come to the END of what is good for Goldman Sachs is good for the world(Tucker's interview of Luke Gromen explores the end of that age, like the end of what was good for GM was good for the USA).

It is TIME TO FORCE wall street(global financial markets)...to ACTUALLY invest(not moving your Intellectual property to Ireland to GAME taxes? or hold financial instruments for a pico second), and DRAMATICALLY SHRINK its useless overpaid employment. Today we have money spinning, the richest man in NJ...is a hedgefund trader who uses math and physics to front run the markets and hold stocks and bonds for a pico-second...IT SERVES ZERO purpose, beyond his enrichment! I don't believe pumping and dumping is any good with its claim that "efficient" markets, help society! Ny area of NJ every other guy I meet is a financial adviser with laughable little knowledge beyond buy Amazon, Apple, Google, etc because GOVERNMENT will PRINT money and RESCUE Wall STreet like 1987, 2000, 2008, etc.

I call for a 4% TAX on all the GROSS of wall street trades(Stocks, bonds, etc even better global financial markets) or moving money offshore. WE NEED investment to GROW actual USEFUL businesses...not idiots on wall street NOT CREATING useful business, beyond building 3rd,4th houses. Travel outside money centers, tech centers and power centers...or their vacation areas....you see unpainted houses and Appalachian like POVERTY with Few stores, no restaurants, meth addled young, no hope, etc!

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PAULA ADAMS's avatar

We aren’t far behind .

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