The Plight of the New World Order (Part 1)

Consortium News, The Real News by Pepe Escobar | Apr. 18, 2009 (News Analysis)

(Video) While the Obama administration sees glimmers of economic hope, the challenge of the financial crisis continues to reverberate around the world. Full Story »

Posted by Dwight Rousu

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Dwight Rousu
3.7
 by Dwight Rousu - Apr. 21, 2009

Pepe provides a unique irreverent perspective on global economic systems. Actual moves by many countries to create new currencies is looked at.

The Credit Default Swaps need more attention. The linked in Bill Moyers segment talks about a coverup in progress. Pyramid schemes of CDSs need to be cleaned up with no payoff for CDSs not balanced by actual mortgage exposure (the pure gamblers.)

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Dwight's Rating

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3.7

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from 13 answers
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3.7
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3.0
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4.0
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3.0
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4.0
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5.0
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3.0
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5.0
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