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All banks deemed too massive to fail must be broken up - just because the US government "trust-busters" broke up the vast corporate monopolies of the 1920's and 30's. Banks should be stopped from playing with depositor money - the proposed Volcker Rule bitterly opposed by the big banks. Cash is power. The immensely wealthy financial business simply bought all the important thing politicians and turned banking regulators into lap canine. But as SoftBank started the original $a hundred billion Vision Fund in 2017 and Son invested within the world’s greatest startups, he began to stoke Agarwal’s desires with cash and ambition, in keeping with individuals instantly involved. To increase his stake in Oyo, the young founder would borrow billion to purchase out a few of his earlier investors. From 1998 by 2008, the monetary sector spent over $5 billion in lobbying and marketing campaign contributions to deregulate Wall Street. The US credit bubble burst in 2008, then hit Europe. Citigroup, Financial institution of America, and JP Morgan Chase shouldn't be permitted to cost consumers 25-30 percent interest on their credit playing cards, especially whereas these banks received over trillion in loans from the Federal Reserve. First, Britain's Conservative Party receives no less than half its funding from bankers in town of London.

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