Bernie Sanders is wrong about Wall Street

 

Bernie Sanders is wrong about Wall Street

If you understand what actually happened starting after 2001 you know by now that 63,000 or more U.S. factories have closed and either went out of business completely or moved to another country to survive. This gutted our middle class unbelievably.

In the process of all this Wall Street who are mostly patriotic Americans likely were very upset about these 63,000 factories and other businesses going bankrupt or leaving the U.S. since 2001.

So, they circled the wagons so to speak and asked themselves “What can we do now for investments?”. The answer unfortunately was riskier investments which triggered the Great Recession.

However, the basic cause of all this was not greed but instead necessity.  Globalization caused  “The World is Flat” reality of all businesses caused by business over the Internet that has no boundaries whatsoever worldwide.

So, the real cause is the Internet itself with business conducted worldwide where Americans cannot compete because our wages are too high. So, price wise we cannot compete when we hire Americans at good wages to sell things to other countries anymore.

So, as you can see Bernie Sanders is being either dishonest or completely ignorant about what investing on Wall Street is all about.

He is pandering to the poor and economically uneducated masses and this is dangerous to the stability of the nation.

So, in his own way through ignorance or misdirection he is as dangerous as Trump is.

Because as long as people are so ignorant they don't know the actual cause of their problems they can do nothing to solve those problems!