Monetary and Fiscal Failure, Fraud, and Fear of What's Next
Stephen Lendman
Even the powerful are worried with the IMF on February 7 saying advanced economies are in "depression (and) the worst cannot be ruled out." Forecasting a 2010 recovery is "very uncertain" at this time as further financial turmoil may disrupt it regardless of policies adopted, and trouble is outpacing resources to alleviate it.
On March 10, its Managing Director Dominique Strauss-Kahn forecast "below zero" 2009 global growth - what he termed "the worst performance in most of our lifetimes."
PermalinkSaving Jackpot Capitalism: The Real Reason Why the Banks Are Being Bailed Out
Martha Rose Crow, M.S.
Regular return on investments is for the little people. The greedy elite and elite investor groups must have more. They must save their private, un- or under regulated way of making secret kings’ ransoms.
Shadow Financial Entities
They stay out of the light as much as they can because they don’t want the world to know how Big and Powerful they really are and they don’t want the public to know how ruthless they are to make high returns on investments for their elite masters.
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