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SeC 04-14-2009 06:27 AM

The imbecility of financial markets
 
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.

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‹bersetzte Version von http://www.mmnews.de/index.php/200904142732/MM-News/Die-Idiotisierung-der-Finanzmarkte.html


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