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by mikekarnj 5506 days ago
The derivatives market is an arbitrary market where money just moves from one place to another.

Real engineers build things like bridges and websites. Bankers build dreams and leverage the shit out of it to put the whole country in debt.

http://www.rollingstone.com/politics/news/the-great-american...

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Real engineers build things like bridges and websites. Bankers build dreams and leverage the shit out of it to put the whole country in debt.

Without banking you can't have infrastructure: no financing, no cement, no salaries, one can't acquire land.

Shorter: you can't boot strap a bridge.

snip