Honestly I have a lot of sympathy for these people.
It’s one thing to invest in some moonshot crypto. It’s another to invest in something claiming to be FDIC insured. There’s also not a good way of verifying that information to the extent the victims would have needed to know something was amiss.
It seems like the FDIC was asleep at the wheel, and didn’t really know or give a shit that someone was leveraging them to mislead consumers. Instead of actually fixing the problem, they just washed their hands of it.
You can call Trump the devil all you want, but the system was broken long before he came on the scene.
I mean Trump’s economic policies are a philosophical rejection of trickle down economics. He campaigned on a platform of leveraging trade protectionism and immigration reform to produce higher blue collar salaries. He’s doing so in a way that is giving both Wall Street and economic experts conniptions, because they’ll end up biggest losers. Trump has even explicitly called out NAFTA and one of the reasons he won 2016 was his rejection of the TPP.
That is honestly the kind of policy I’d be opening to supporting in a vacuum. A lot of it is oddly similar to Bernie’s economic plans circa 2014. The problem is Trump is an openly corrupt billionaire, friends with other slightly less openly corrupt billionaires, may/may not be a Russian asset, and probably is in the early stages of dementia. There’s absolutely no way he delivers.