Mainstream media is thrown into a tailspin after an independent trader tells the BBC how the world of big money and politics looks from the inside. Here's our report from Washington on why this was such an eye opener.
Are the banksters fueling a global market meltdown? Heads turned yesterday – when stock trader Alessio Rastani went on the BBC and predicted that the Eurozone is going to crash within the next twelve months – and that a lot of banksters will make a fortune off it. "This problem cannot be solved,” Rastani said. “I’m fairly confident that the Euro is going to crash, and it’s going to fall pretty hard.” Rastani then admitted that he – as well as traders in giant banks on Wall Street – have actually placed bets that global markets will crash, and are poised to make huge profits if their bets come in.
Rastani said, “The depression in the 30′s wasn’t just about a market crash. There were some people who were prepared to make money from that crash. I think anybody can do that. The governments don’t rule the world,” Rastani added, “Goldman Sachs rules the world. Goldman Sachs does not care about this rescue package.” From manipulating food prices that spark a hunger crisis around the world – to distorting oil prices that trigger recessions here in the United States – to bringing down an entire global economy – it’s all part of a day’s work for traders like Rastani and Goldman Sachs.
How much longer are we going to let speculators and banksters run the show – and screw us all over?
Watch Rastani's original interview here:
http://www.youtube.com/watch?v=aC19fEqR5bA
"They approached me," he told The Telegraph. "I'm an attention seeker. That is the main reason I speak. That is the reason I agreed to go on the BBC. Trading is a like a hobby. It is not a business. I am a talker. I talk a lot. I love the whole idea of public speaking."
So he's more of a talker than a trader. A man who doesn't own the house he lives in, but can sum up the financial crisis in just three minutes – a knack that escapes many financial commentators.
"I agreed to go on because I'm attention seeker," he said on Tuesday. "But I meant every word I said." | http://www.telegraph.co.uk/finance/economics/8792829/BBC-financial-exper... | http://www.dailymail.co.uk/news/article-2042291/Alessio-Rastani-Claims-g...
FORBES: What do you think of the attention you’ve received since going on TV?
AR: I think it’s overblown. I have no idea why I’m getting this attention. I don’t think it was news. For someone to say what I said, I thought everybody already knew this kind of stuff. The big players of funds rule the world, I don’t think that was news. And what I said about making money from a crash, obviously not everybody knows about that, you can make money from a downward market. A lot of people just got the wrong end of the foot, misunderstood what I was saying. They thought I was joyful or licking my lips about the idea of making money from people’s miseries. That’s probably the way it looked on the video. But if they watch the whole video, what I was really trying to say is people need to educate themselves about how to do that… what I was trying to say was, look, everyone should basically prepare. I was trying to be the good guy. If this market’s going to crash, then you’ve got to prepare yourself. You’ve got to basically learn how to make money from this. | http://www.forbes.com/sites/emilylambert/2011/09/27/trader-or-prankster-...
ha-ha-ha. As if nobody knew that before. Prostitute media is "shocked"...wow. Can anything indeed shock these sell-outs?