(08-05-2021, 11:58 PM)ElwoodBlues1 date Wrote:This is the other side of CoVid, people going bankrupt and ending up with nothing after failed business ventures and money grabbing vultures exploiting people being desperate.Yes, this is horrendous, I think the government has been far too negligent in this area, they have allowed too many to become victims or 3rd party predators. Dodgy financiers, bridging finance crooks, the lowest of the low some of who are profiteering from the collateral victims of COVID-19!
The Feds could have stopped all this by having the big commercial banks act more responsibly for the longer term, I'm surprised the big banks didn't take the opportunity to cut the crooks out of the market, they could have probably done so with Fed Reserve support. Not that the big banks aren't also crooks from time to time, or all the time.
"Ruck, ruck, ruck, ruck ....... Ruck, ruck, ruck, ruck"

