Karl Denninger at Market Ticker is pretty much on the "it's all about $$$, no depop" train.
However... in the big picture, isn't the world losing adult taxpayers? Don't most governments WANT people to work and pay taxes? Why would they NOT stop something that was essentially killing the people that pay their salaries?
Not about money. These people have a need to be the king of the mountain. While they would prefer to be the king of a mountain of gold, they will settle for being the king of a pile of dung as long as they are king and you and I are not. The just must be king of the hill.
A fair and reasonable question. I wish I knew the answer. Unless of course it's because their paymasters are not actually tax-paying citizens. Just thinking aloud ...
Karl Denninger at Market Ticker is pretty much on the "it's all about $$$, no depop" train.
However... in the big picture, isn't the world losing adult taxpayers? Don't most governments WANT people to work and pay taxes? Why would they NOT stop something that was essentially killing the people that pay their salaries?
Not about money. These people have a need to be the king of the mountain. While they would prefer to be the king of a mountain of gold, they will settle for being the king of a pile of dung as long as they are king and you and I are not. The just must be king of the hill.
Speaking of mountains of gold and corrupt people, here's my favorite cartoonist's view; scammer gets what he deserves.
[This cartoon is "suitable for all audiences." Site's disclaimer applies if you venture anywhere else! ]
https://www.oglaf.com/wilyworm/
I like that.
A fair and reasonable question. I wish I knew the answer. Unless of course it's because their paymasters are not actually tax-paying citizens. Just thinking aloud ...