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/sci/ - Science & Math

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4854287 No.4854287 [Reply] [Original]

Explain to me how and when the banking system will fail leading to the greatest depression never seen before in human history.

>> No.4854317
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4854317

In the most succint way possible:

With the highest levels of deregulation of investment trading amongst international financing corporations each fixing the interest rate, loans (whether it be to students or to nations as a whole) have been given without any real way for these bodies to pay.

Currently it has lead to greater neoliberalist policies being implemented by the IMF if countries choose to even take money from them; an effort to maintain capital flow through the Forex and increase capital gains and investments. However, this is at the detriment to the general society as a whole and leads to higher unemployment and decrease in wages, etc.

Goods and capital are not going to become actualized (turned into money), because of the very policies implemented.

Or at least, that's the way I am viewing it.