No More Rewards
Published in
12 min readAug 2, 2021
In 2008 the world went through a severe financial crisis. A large part of our economy collapsed, in large part because financial institutions had created a pretty unsustainable system of mortgage-backed securities.
It was pretty bad.
Fingers were pointed; new rules put in place; people yelled at.
“Oh them financial folk, they’re all the same!” we said. “They only care about the…