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Trader Tells Truth: "The governments don't rule the world, Goldman Sachs rules the world."

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 09:50 AM
Original message
Trader Tells Truth: "The governments don't rule the world, Goldman Sachs rules the world."
Edited on Tue Sep-27-11 09:57 AM by kpete
"I go to bed every night, I dream of another recession," he said.



Stock market trader Alessio Rastani commented on the current economic crisis to the BBC on Monday, saying, "Governments don't rule the world" but rather Goldman Sachs does and he "dreams of another recession."

"This is not a time right now for wishful thinking that governments are going to sort things out," Rastani told the BBC. "The governments don't rule the world, Goldman Sachs rules the world."

In a candid interview about the Eurozone rescue plan, Rastani said the market is ruled by fear and cannot be saved by the rescue plan.

"They know the stock market is toast," he said. "They know the stock market is finished."

VIDEO & MORE:
http://videocafe.crooksandliars.com/scarce/trader-governments-don-t-rule-world-goldman
http://www.rawstory.com/rawreplay/2011/09/stock-trader-europe-will-collapse-because-goldman-sachs-rules-the-world/
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Harmony Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 09:54 AM
Response to Original message
1. I am not sure I trust any traders these days
but I definitely don't trust the economists that think the recession ended either. I'll accept what he says at face value for now, as somber as it may be!

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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 10:00 AM
Response to Original message
2. Not Goldman Sachs per se but creditors perhaps.
Edited on Tue Sep-27-11 10:01 AM by dkf
Debt is the worst thing for people and countries who prefer to be independent. Once you owe, and the more you owe, the autonomy goes. He who holds the purse strings yadda yadda yadda.

That is why the fiscal policies of this country scare the bejeebers out of me.

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tjwash Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 10:37 AM
Response to Original message
3. It's looking like the BBC was pranked by the yes-men (again)
Trader's Goldman Sachs comments spark BBC hoax claims

The fact that it's so hard to see the difference between satire and the world of international finance shows you how fucked up it has gotten though.

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banned from Kos Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-27-11 10:46 AM
Response to Original message
4. translation - trader is short and spreading fear and paranoia
to inject more unrest.

Market up close to 500 points Mon/Tues - I hope he is losing his ass.


btw - Blackrock makes Goldman look like mere pikers. Blackrock controls $3.8 TRILLION in assets.
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Warren DeMontague Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-28-11 12:24 AM
Response to Reply #4
6. Exactly.
Oh, no, he's just a good samaritan. Everything he's done up until this exact moment in time has been driven by pure profit motive, but he's bringing you this inside info out of pure fuckin' altruism.

:rofl:
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woo me with science Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-28-11 12:23 AM
Response to Original message
5. K&R nt
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