So will they all be flying in economy class?
The wolves meet to discuss how best to protect the hen house.
They have to meet in person. That way, it’s easier to kiss each others a$$es goodbye.
Bretton Woods, the Sequel?
Panic may be real. In the last week $1 trillion has been withdrawn from England...http://www.independent.co.uk/news/business/news/run-on-uk-sees-foreign-investors-pull-1-trillion-out-of-the-city-1639413.html ....and, a real worry that England imminently may follow Icelands’ implosion has come to the fore with the call for an immediate meeting of all concerned. After all, if London goes, so do we, as we are inextricably tied via currency swaps and shared obligations. AIG has immense implications for all of Europe, and, is part of the formula for the distress. As we all have noticed, we are living in unprecedented times, especially in regard to the scale of our difficulties and the obvious ineptness with which we are dealing with them. I am not confident that England can be saved from going under....wait and see.
BIS Quarterly Review, December 2008 ( Global Financial Information )
Foxes discussing how to guard the henhouse.
So chose capitalism, facism or communism.
Which will out?
If its not free market economy, then we are all Royally Effed for the next 40 years.
I think they have seen enough of the Obama socialism and the Dem pushed housing debacle poisonous dirivative paper spread all over the world, to know where their futures should lie.
If not, they will go down in ridicule and infamy.