Brilliant piece by Matt Taibbi of Rolling Stone – I have said it before and I will say it again – Taibbi is the best finance journalist going around today. All the rest seemed to be boring hacks who try and conjure up some postdictive bullshit as to why something happened as opposed to looking at a system that might actually be broken.
Is it any wonder traditional newspapers are in decline when cutting edge analysis is done by what is actually a music and culture magazine.
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