The U.S. government borrows money from taxpayers…gives it to Wall Street so they can lend it back to the taxpayers at a profit. Wall Street borrows ‚our money‘ from the Fed at, say, 1%…then they lend it back to us at, say, 6% or 7%. That way, Wall Street makes money and we can still borrow what we need.
Nice system huh?
Mittwoch, 3. Dezember 2008, 14:23 Uhr
Bailouts einfach erklärt
Tags: Finanzkrise
Labels: Politik, USA, Wirtschaft