Les Leopold : The Financial Sector is entirely on Welfare
Wall Street does not have to invest in the economy to make profit , Wall Street have made 70% of their profits this year through what is called proprietary trading , going in and out of the market at very high speed , making all kind of dubiouse bets in other words they are running an incredibly elaborate casino says author Les Leopold , "I do not think that's a real economic activity " with no job creation Les Leopold added , we need to put money in the hands of people so that they start spending and the economy will recover from there , this can be done either by the private or the public sector Les Leopold explains ..
Les Leopold is the author of "The Loathing of America "
