Basically its a very large Ponzi scheme. Take for example the Accounts for the Royal Bank of Scotland. It has a balance sheet that doesn't balance and through creative accountancy its balance sheet (which is normally a snapshot statement of assets and liability finance) has shrunk by over £1,800,000,000,000 in the last 2 years or an amount considerably more than the GDP of the UK, yet appears not to have produced any substantial operating losses on its profit and loss statement. It's essentially a Zombie Bank.

The only explanation would be that the accounts are fiddled with huge off balance sheet transactions from the secretive shadow world banking system (the Federal reserve at its heart), which is unaccountable to share owners and even Governments, who are meant to regulate through company and tax law. (even its previous Company Directors haven't been struck off)

Unaccountable and the corrupt auditing of the bedrock of capitalism is nothing short of gangsterism, hence the correct term bankster and the term Enrononomics.

Multiple this effect of this one institution again and again, with the Banksters attempt to socialise their losses through Government debt default and austerity measures to plug the gap left by the Bankster bail outs to shore up the even larger derivatives Ponzi scheme bubble, whilst the good time profits remain in their hands will eventually just lead to situations such as the current London Blitz.