Friday, August 04, 2006
Risky Business
Gabriel Kolko's recent article on the likelihood of a global financial meltdown like that seen previously in Asia, Argentina, and the Enron debacle, has the International Monetary Fund and World Bank crossing their fingers. But they're not counting on luck or law to save the deregulated world financial structure from what the world's second richest man called "financial weapons of mass destruction."
The fact of the matter is, given the global state of monetary piracy, regulating institutions that once provided some degree of stability have no idea what to do. Feral Scholar hosts a discussion: http://stangoff.com/?p=343
The fact of the matter is, given the global state of monetary piracy, regulating institutions that once provided some degree of stability have no idea what to do. Feral Scholar hosts a discussion: http://stangoff.com/?p=343
