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RE: RE: Mortgage Lenders Going Bankrupt

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@taskmaster4450le
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Actually bank lending in the US is actually pretty much flat since the Great Financial Crisis. The profitability of lending went down, especially with the Dodd-Frank bill.

The bankers are no saints, we all know that. However, they are easy to size up since they are driven by greed. The solution tends to be worse than the disease.

The Eurodollar system is effective because it operates outside the reach of governments and central banks. That is the basis for their success. Granted it is a closed system that favors bankers but I would take a room full of bankers over one of politicians and bureaucrats any day of the week.

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