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News@lemmy.world · 3 days ago

Goldman Sachs Head During Financial Crisis Says He "Smells" a Similar Crash Coming

cross-posted to:
fuck_ai@lemmy.world

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Goldman Sachs Head During Financial Crisis Says He "Smells" a Similar Crash Coming

return2ozma@lemmy.world to

News@lemmy.world · 3 days ago

cross-posted to:
fuck_ai@lemmy.world

To Lloyd Blankfein, who led Goldman Sachs through the 2008 subprime mortgage crisis, it's reasonable to prepare for a "reckoning."

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Halcyon
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3 days ago
No, we’re not all in it together. The poor 90% of the world will pay most of the bill as always, while the rich are quite well-off. And the ultra rich live in their own realms.

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