The Telegraph reports that new rules in GB will separate banks from gambling houses known as investment banks. Eliminating these barriers in the first place gave greedy Wall St access to people savings to use as collateral for leveraged loans. This move will cut off that backstopping and will necessarily reduce the leverage available to Wall St and other financial centers for use in "financial innovation" (AKA Ponzi schemes).
One by one the liberal cornerstones of the global debt Ponzi are being removed.
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