Adonis Diaries

Posts Tagged ‘petro-dollars sovereign funds

Wall Street crush: They saw it coming long time ago! (October 10, 2008)

The American multinationals and many of them in Europe saw the financial crush coming in the speed of a bullet train since before September 11, 2001, when the US government agreed not to differentiate between commercial and investment banks in 1999.

The multinationals foresaw the catastrophe, but they wanted first to milk the cows in the Asian markets and the petro-dollars sovereign funds of the oil-producing countries.

Now the US government wants the world citizens of “tax payers” to share in the resolution of world financial stability! Why? So that the few hundreds of billionaires and the elect classes of capitalists around the world to maintain their high life style? Have we reached a new phase of world-class capitalism versus the other hard-working nationals?

Actually, the six most developed western European States hurried up to institute the European currency, the Euro, and the Euro-market, in order for the calamity not single out one State at a time, and present a unified front to the downfall of Wall Street…and the unilateral decisions of the US in financial matters…


adonis49

adonis49

adonis49

October 2020
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