The WSJ describes the
complex scams governments are using to just hand money over to banks
without going through democratic considerations. Of course at each step
along the way transactions can be inflated to benefit banks.
Incredibly these privatizations (and that’s what they are) can be
securitized, and pledged as collateral to borrow from the ECB. This explains
why a Goldman Sachs crony has taken over in Italy. We are
at peak loot.