Teddy Roosevelt breaks up the trusts
Simon Johnson, former IMF chief economist, says the relationship between Wall Street and DC is too cozy. Clusterstock interviews him about the “two-way money-and-power corridor now running between Washington and the modern oligarchs Wall Street.”
Wall Street: “It’s Too Big, Too Powerful. It’s Dangerous” Simon argues that the U.S. should invoke anti-trust laws to break up Wall Street, whose power poses a material threat to the American economy.
More from his article in The Atlantic
