Too Big To Fail Is Now Bigger Than Ever Before
"Ever since the financial crisis of 2008, our politicians have been running around proclaiming that they will not rest until they have fixed 'the too big to fail problem', but instead of fixing it those banks have rapidly gotten even larger. We are witnessing a consolidation of the banking industry that is absolutely stunning. Hundreds of smaller banks have been swallowed up by these behemoths, and millions of Americans are finding that they have to deal with these banking giants whether they like it or not. These banks have been unbelievably reckless, but when they fail, we will all pay the price." Continue reading →