If it’s not clear already that the greed and corruption on Wall Street knows no bounds, this should be enough to convince even the densest of deniers.
The idea of being able to select one’s own investments sounds all well and good, but Americans may want to start asking themselves just what is at stake.
Only 16% of all stock market transactions are being made by sentient beings. A staggering 84% of all trading is done by a process known as ‘High Frequency Trading.
The Great Recession of 2008 – the worst economic upheaval since the Great Depression of the 1930s – brought the world to the edge of the precipice. It was yet another painful reminder that not only aren’t unregulated markets rational, they can be responsible for causing untold carnage if given half a chance.
