If you are new to this blog, you are invited to read first “The Largest Heist in History” which was accepted as evidence and published by the British Parliament, House of Commons, Treasury Committee.

"It is typically characterised by strong, compelling, logic. I loosely use the term 'pyramid selling' to describe the activities of the City but you explain in crystal clear terms why this is so." commented Dr Vincent Cable MP to the author.

This blog demonstrates that:

- the financial system was turned into a pyramid scheme in a technical, legal sense (not just proverbial);

- the current crisis was easily predictable (without any benefit of hindsight) by any competent financier, i.e. with rudimentary knowledge of mathematics, hence avoidable.

It is up to readers to draw their own conclusions. Whether this crisis is a result of a conspiracy to defraud taxpayers, or a massive negligence, or it is just a misfortune, or maybe a Swedish count, Axel Oxenstierna, was right when he said to his son in the 17th century: "Do you not know, my son, with how little wisdom the world is governed?".

Thursday, 12 April 2012

George Soros: Euro entered "a less volatile but more lethal phase"


2 comments:

  1. I have only one problem with the article, Soros states that it is not for BuBa to make this decision however I disagree. As the German people, who BuBa represents, are being expected to pay for the periphery they have every right to draw a line and let Club O'Med go (i.e. he who pays the piper calls the tune)

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  2. BREAKING NEWS: USD Currency Collapse

    China Causes The USD To Fall?

    USD Dollar Drops 50% In Value Overnight?

    Hey there

    I don’t know you have heard this yet…

    But the USD Dollar is on the verge of collapse.

    In fact since 1973 it’s been on a downward trend…

    Dollar-Index-Past-Forty-Years

    USD national debt is at an all time high and now financial experts are saying that China is starting to sell their debt holdings to the secondary market.

    This means it won’t be too long until the USD crumbles in value!

    >>Watch This Video To Learn More<<

    I don’t want to be the bringer of bad news, but this is seriously not good for the US since we already have domestic problems of our own, such as immigration and unemployment.

    Our economy can not withstand another hit.

    This time the USD might actually collapse.

    >>Watch This Video To Learn More<<

    Make sure you watch it before it’s taken offline.

    Speak soon.

    [Mr Mark Fidelman]

    ReplyDelete