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It's all Goldman Sachs' fault says Matt Taibbi
#41
Magda Hassan Wrote:Interesting. I wonder what's up there?

The Italian economy is a complete mess. However, the credit ratings agencies and financial "correspondents" have focused so far on the problems of the countries they call the "PIGS": Portugal, Ireland, Greece and Spain.

My suspicion is that the elite sharks can make a lot of money pumping up Italian debt as secure, persuading pension funds, small investors and fools to buy it up, and then rake in huge profits as it collapses.

In other words, for the Big Players, the margins of profit (theft) are greater in Italy because its fundamental economic problems are not as high profile as those of the PIGS.

"Dark pools" are one of the facts that demonstrates that the claim that global market capitalism is TRANSPARENT AND EFFICIENT is in fact a Big Lie.

"Dark pools" are by definition OPAQUE AND INEFFICIENT.

They are also a place where the moves of the Big Players can first be identified.
"It means this War was never political at all, the politics was all theatre, all just to keep the people distracted...."
"Proverbs for Paranoids 4: You hide, They seek."
"They are in Love. Fuck the War."

Gravity's Rainbow, Thomas Pynchon

"Ccollanan Pachacamac ricuy auccacunac yahuarniy hichascancuta."
The last words of the last Inka, Tupac Amaru, led to the gallows by men of god & dogs of war
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It's all Goldman Sachs' fault says Matt Taibbi - by Jan Klimkowski - 28-06-2011, 05:53 PM

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