Monday, 3 July 2006

Politicians and economists are out of options

On 7 October 2011, The Telegraph quoted the words of Sir Mervyn King, Governor of the Bank of England, who, that week, had described the financial crisis as 'the most serious… since the 1930s, if ever', as he provided another £75billion of ‘quantitative easing.’

The Telegraph added:

“Little more than two years ago, global leaders were happily congratulating themselves on having avoided the mistakes of the 1930s, thereby averting a depression… With the European banking system again on the verge of collapse, there is a sense that POLITICIANS AND ECONOMISTS ARE OUT OF OPTIONS, THAT GOVERNMENTS AND CENTRAL BANKS ARE POWERLESS BEFORE EVENTS…

If it has been obvious for some time that we are caught up in an extreme financial crisis... NEVER BEFORE HAS THE GLOBAL FINANCIAL SYSTEM BEEN SO INTERLINKED AND INTEGRATED, which means that PROBLEMS IN ONE PART OF THE WORLD ARE CAPABLE OF CAUSING SEVERE STRESS ALMOST EVERYWHERE ELSE. We once more face a perfect storm of cascading default, contracting credit and collapsing economic activity.”
That’s globalism for you, folks. That’s what the globalists have forced upon us during the course of the last fifty years. That’s what they insisted would be good for us.

If ever you feel like blaming someone, blame them. And then, when you’re all done blaming the international financiers, multinational corporation owners, media barons and their bought politicians, blame yourselves as well. Blame yourselves for ever having been foolish enough to believe the lies that the most greedy, self-serving and brutish among us told you.

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