These Countries were not Profligate, They were Sold a Fraudulent Product!

Bill Moyers, Matt Taibbi and Yves Smith on why Greece, Spain and all the countries whose financial stability is currently collapsing. When it starts to happen to us here is what National under Wall street banker John Key has been building up even after John Key was “Shocked” to find his old bank to be so insolvent as it was not really difficult to predict. $ 112 Billion in off the book Derivatives and $ 19 billion of the same crap in the Cullen fund with the help of Fellow Merrill Lynch Investment banker/wealth manager bank Ira Bing.

One thought on “These Countries were not Profligate, They were Sold a Fraudulent Product!

  1. great interview. there is a question whether the banks act like the mafia without the violence. more like they hide it better and they have the police and press in their pocket. one solution to the problem is to establish issuance and regulation of currency on a more regional basis. a single global currency is a fine idea; stops one kind of crime dead; a single world govt. would be great too, if the governing body were of long-term high quality. but these bankers are brats.

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