China Goes Ponzi

Posted 5/13/15

When the Panic of ’08 hit, the United States — the financial and military police of the world — led the charge to stop the spread of economic terror. Under the command of US Secretary of Treasury Hank Paulson, orders were given to save too-big-to-fail banks and over-leveraged financial institutions drowning in red ink. On Oct. 3, 2008, President …

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