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Brain -> Are Goldman Sachs and the Megabanks Able to Wipe out an Entire Economy with a Keystroke? (5/31/2010 8:15:15 PM)
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Actually, I think they sort of already did just not with a keystroke.
Are Goldman Sachs and the Megabanks Able to Wipe out an Entire Economy with a Keystroke? -- Signs of the Times News
What Schapiro and the SEC really need to crunch all that digital data are some genius math and science nerds, but they've all been conscripted by the market makers to game the global economy. It pays stunningly well, even when it epically fails.
After engineering a global crisis that has so far swelled America's national debt to $13 trillion, the too-big-to-fail banksters are now bigger, stronger and armed with bonuses for their predatory efforts. In fact, that success has emboldened them to continue their intrepid devaluations.
Since the Flash Crash, the overall market has experienced severe devaluations marking off technical corrections that place it out of the reach of economic recovery. Even in depressed economies, market makers make out just fine.
http://www.sott.net/articles/show/209513-Are-Goldman-Sachs-and-the-Megabanks-Able-to-Wipe-out-an-Entire-Economy-with-a-Keystroke-
[image]local://upfiles/392475/BB2A07A6652D4D5F83D42BF132B8DFB3.jpg[/image]
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