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Originally Posted by SDGT3
The comparison to the Madoff ponzi scheme definitely came to mind.
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Yes, as was the 2007/2008 mortgage-back 'securities' scam by investment bankers. There's manipulation by the OPEC cartel on oil supply, front-running stock purchases and sales by algos, selling 'flow' for profit....
There are an abundance of scams going on, some are more egregious than others in their risk-to-market CONfidence and overlying end-costs to consumers.
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