How much of that 8 Trillion went to Foreign Banks?
It appears that none of that money had a multiplier effect in our own economy.
Liquidity without loans? Except to Green Energy Scams that they knew would fail.
Brick wall still coming.
“How much of that 8 Trillion went to Foreign Banks?”
Loads of it. I actually have more sympathy for the foreign banks. They don’t know this country as well and mortgages were always considered about the safest investments possible. American banks, SORRY, their bosses need to be jailed. I made a good dealing of money shorting some of them when I saw the size of the bubble in California and Florida. It was CLEAR AS DAY and they knew, to the person, that this crash was coming. They need to be jailed.