“Forget the housing, bond or derivatives bubbles … Fraud Is the Biggest Bubble of all time”

Ziad K. Abdelnour
Time Neutral

Explore This Quote Further

Quote by Ziad K. Abdelnour: “Forget the housing, bond or derivatives bubbles … - Image 1

Similar quotes

“I believe the LIE that prosecuting bank fraud will destabilize the U.S economy is what is really destroying it.”


“We are on the edge of economic collapse unless we wake up andforcibly take back control of our government and economy. Over thepast 100 years, the game has been rigged, slowly and piecemeal atfirst, always in the name of serving the greater good, preventing thenext bubble or providing greater transparency and security. It is as ifthe American people are suffering from battered spouse syndrome; thepoliticians, the greedy bankers, and the Fed all lie to us while theysteal our wealth and our liberty. Every time we call them on it, theypromise to never do it again if we’ll just give them one more chance.So we let it slide and then act shocked when they do it to us again.Maybe we should have our collective head examined.”


“The question is not whether we should or should not regulate; itis how much should we regulate and who the regulators shouldbe. We went overboard on deregulation under Reagan. UnderBush, many people lost in the casino. Now we have the Obamaadministration overreacting and overreaching with regulation thatdoes the exact opposite of wealth creation. If we are to have changewe can believe in, then we could start by replacing the majorityof the lawyers in regulatory agencies with actual experienced, successfulbusiness veterans. They would have recognized the early warningsigns of many of the financial debacles created by the bubble-bustcycle.”


“The biggest threat to American power in the long run is the persistent decline in its middle class standard of living today.”


“Did anyone of those bullish investors ever think what would happen to the Treasury market if the Fed ever became a net seller of bonds?”


“Often in life we forget the things we should remember and remember the things we should forget.”