Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Thursday, 24 August 2023
Fortune Seekers | Planet Finance (3/6)
Aug 12, 2023 | Planet Finance is a mostly unknown, adventurous and also attractive world for the private investor. In Japan, you won't get interest on your savings for decades. Entering the currency market is then a low-threshold step. 'Ms. Watanabe' is a collective name for the one and a half million Japanese individuals in this market and a household name in the shiny towers of Planet Finance. But in the foreign exchange market, the value of one currency always rises or falls against another. Where one wins, by definition someone else loses. It's a Zero Sum Game. Who wins when you lose?
