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3Hotdogs

(14,726 posts)

2. Agree.

Reply to Martin68 (Reply #1)

Sun Jun 19, 2022, 08:55 PM

Jun 2022

Last edited Mon Jun 20, 2022, 07:31 AM - Edit history (1)

But the point of the article is that banks should not be using peoples’ personal account money to invest in speculative products.

This was also shown when the economy blew up in 2008.

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The Crypto Crash: all Ponzi schemes topple eventually [View all] PSPS Jun 2022 OP

There is no inherent reason crypto currency should be dominated by Ponzi schemes. That's just greedy Martin68 Jun 2022 #1

Agree. 3Hotdogs Jun 2022 #2

Yes. Exactly. Cryptocurrency, risky mortgage bundles, questionable mortgage schemes, Silicon Valley Martin68 Jun 2022 #3

Please tell me there's no chance of a bailout here. TheFarseer Jun 2022 #4

IF its big enough to endanger the economy, it will be bailed out. 3Hotdogs Jun 2022 #5

What's next? Pyramid scheme bailouts? Yo_Mama_Been_Loggin Jun 2022 #7

This is why pure capitalism is such a joke. Bucky Jun 2022 #8

this isnt the first time bitcoin has crashed moonshinegnomie Jun 2022 #6