solve_et_coagula
14-04-2009, 01:32 PM
The imbecility of financial markets
By Dr.-Ing. Artur P. Schmidt
Tuesday, 14 April 2009
The U.S. sold 27 trillion USD in toxic credit-bundling products all over the world. The success was based to the fact that every minute a new idiot as a buyer was found - to finance the ailing U.S. empire. The process of globalization was the Idiotisierung of internationalized financial markets. Today, many banks are still houses the morgue.
Continue to read:
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By Dr.-Ing. Artur P. Schmidt
Tuesday, 14 April 2009
The U.S. sold 27 trillion USD in toxic credit-bundling products all over the world. The success was based to the fact that every minute a new idiot as a buyer was found - to finance the ailing U.S. empire. The process of globalization was the Idiotisierung of internationalized financial markets. Today, many banks are still houses the morgue.
Continue to read:
http://translate.google.com/translate?prev=_t&hl=de&ie=UTF-8&u=http%3A%2F%2Fwww.mmnews.de%2Findex.php%2F2009041 42732%2FMM-News%2FDie-Idiotisierung-der-Finanzmarkte.html&sl=de&tl=en&history_state0=