Quantcast
Connect with us

Stock trader: Europe will collapse because ‘Goldman Sachs rules the world’

Published

on

Speaking to the British Broadcasting Corporation (BBC) this morning, independent stock trader Alessio Rastani predicted that a European market crash is imminent and many investors know it.

“This problem cannot be solved,” he said. “I’m fairly confident that the Euro is going to crash, and it’s going to fall pretty hard.”

ADVERTISEMENT

Rastani added: “Personally, I’ve been dreaming of this moment for three years. I have a confession, which is, I go to bed every night and I dream of another recession. I dream of another moment like this. Why? Because people don’t seem to really remember. 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.”

“What I would say to everybody is, get prepared. It’s not the time right now to, wishfully thinking the government’s going to sort things out. The governments don’t rule the world. Goldman Sachs rules the world. Goldman Sachs does not care about this rescue package, neither does the big funds.”

“In less than 12 months, my prediction is, the savings of millions of people is going to vanish. And this is just the beginning.”

This video is from the BBC, broadcast Monday, Sept. 26, 2011.

ADVERTISEMENT

Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and legal efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. And unlike other news outlets, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from billionaires and corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you. Click to donate by check.

Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. Unlike other news sites, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you.



Report typos and corrections to: [email protected]. Send news tips to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Facebook

Democrat mocks Trump for being the wrong person to lead the charge on mental illness

Published

on

President Donald Trump may not be the best person to focus on mental health in America, a Democratic senator explained on MSNBC.

"All In" host Chris Hayes interviewed Sen. Chris Murphy (D-CT) before a live studio audience.

The two discussed Trump's focus on mental health instead of gun control following the latest mass shootings in America.

"I saw this article about the mental health proposal being floated. I gotta say, the more I hear him talk about mental health, the more freaked out I get, honestly," Hayes explained. "It seems like — like sci-fi dystopia. They want to do something like DARPA, the notorious Pentagon research association called HARPA. It’s going to develop 'breakthrough technologies with high specificity and sensitivity for early diagnosis of neuropsychiatric violence...The document goes on to list a number of widely used technologies it suggests could be used to help collect data, including Apple Watches, Fitbits, Amazon Echo and Google Home."

Continue Reading

Breaking Banner

Trump’s economic ‘brain trust’ ridiculed as America braces for a trade war recession: report

Published

on

President Donald Trump appears unprepared to deal with a potential recession, the Associated Press reported Friday.

"Facing a trade war against China that has shaken the global economy, President Donald Trump gathered his most trusted economic aides in the Oval Office," the AP reported. "The assembled brain trust for Friday’s urgent consultations included an economics chief best known for his stint as a cable TV commentator; a trade adviser whose pro-tariff views are outside the economic mainstream; and a treasury secretary (joining by phone on his way back from vacation) who made millions off the housing crisis and then turned to financing Hollywood movies."

Continue Reading
 

Breaking Banner

ICE and Homeland Security busted pushing right-wing propaganda and conspiracy theories

Published

on

Donald Trump in Oval Office

Multiple federal departments have been pushing far-right propaganda to federal employees.

"An arm of the Justice Department regularly sent summaries and links to articles from an online white nationalist publication over the last year, a BuzzFeed News investigation has found. In addition, similar newsletters sent to the Labor Department, ICE, HUD and the Department of Homeland Security, included links and content from hyperpartisan and conspiracy-oriented publishers," BuzzFeed News reported Friday.

Continue Reading
 
 

Thank you for whitelisting Raw Story!

As a special thank you, from now until August 31st, we're offering you a discounted rate of $5.99/month to subscribe and get ad-free access. We're honored to have you as a reader. Thank you. :) —Elias, Membership Coordinator
LEARN MORE
close-link
close-image