Saturday, April 03, 2010

Engdahl: the roots of the euro's crisis lie in the US

Wall Street is really behind this whole Greek crisis. Moodys Rating Service made the credit downgrade of Greece at the end of last year, which started the whole crisis.

The guards of money Goldman Sachs, JP Morgan Chase, Citigroup, Morgan Stanley want to have a rolling crisis in the euro land - to take the focus away from the inherent weakness of the dollar, the deficits of the US, etc - to prevent a free-fall of the US Dollar - a classic case of economic warfare...

1 Comments:

At 4/05/2010 6:22 PM, Blogger BxCapricorn said...

That's not true, as much as I hate the manipulations and spin coming out of Wall Street, European banks were the biggest players on the World's financial leverage stage. Who backed the build out of Las Vegas casinos and condos? Deutsche Bank. Who leveraged up on Eastern Europe? UBS. Who continues to leverage up London real estate? Who else. Do a little homework and you'll be amazed at how the "dodgy" bankers of Europe carry on their trade. Medici. Ponzi. Rigatoni...now I'm hungry, gotta go...

 

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