Confessions of an Economic Hit Man
Confessions of an Economic Hit Man
Can you handle the truth? Truly shocking and a must see 3 part video.
http://video.google.com/videoplay?do...arch&plindex=0
http://video.google.com/videoplay?do...arch&plindex=0
Join Date: Apr 2007
Location: So Cal
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Re: Confessions of an Economic Hit Man
1/2 economist 1/4 truth 1/4 conspiracy theorist.
90% of the corporate weenies "controlling the world" at the beginning of his speech are now dead. Who graduated and took their place in this secret society? Bill Gates? Warren Buffet? How come Gates didn't knock off the head of EU trade commission?
He fails to mention the requirements of BOP or Balance of Payments between two countries. Absolute advantage and comparative advantage. Cornerstones of International Economics.
Oil is priced in dollars because we have the most stable and plentiful currency in the world. Important when making millions of long-term oil contracts. Oh yea - and at the time oil was priced in $$ the USA was the largest oil producing (#1 or 2) and consuming nation (Still #1). No country wanted to trade in pesos or the yen. Heck you could lose your butt on a 90 day contract.
Google these terms and learn.
It's not a conspiracy - Just greed and manipulation. Been around for ever. Mankind has never modeled the world for the poor - that’s why we have religion and revolutionaries. But they have never fixed things either - have they?
Cuba has Fidel - and their still dirt poor with no future.
India had Mother Teresa - and their still dirt poor drinking paddy water.
But I do agree with him on one thing - the problem is Republican and Democrats and Corporate lobbyist.
Think Third Party.
90% of the corporate weenies "controlling the world" at the beginning of his speech are now dead. Who graduated and took their place in this secret society? Bill Gates? Warren Buffet? How come Gates didn't knock off the head of EU trade commission?
He fails to mention the requirements of BOP or Balance of Payments between two countries. Absolute advantage and comparative advantage. Cornerstones of International Economics.
Oil is priced in dollars because we have the most stable and plentiful currency in the world. Important when making millions of long-term oil contracts. Oh yea - and at the time oil was priced in $$ the USA was the largest oil producing (#1 or 2) and consuming nation (Still #1). No country wanted to trade in pesos or the yen. Heck you could lose your butt on a 90 day contract.
Google these terms and learn.
It's not a conspiracy - Just greed and manipulation. Been around for ever. Mankind has never modeled the world for the poor - that’s why we have religion and revolutionaries. But they have never fixed things either - have they?
Cuba has Fidel - and their still dirt poor with no future.
India had Mother Teresa - and their still dirt poor drinking paddy water.
But I do agree with him on one thing - the problem is Republican and Democrats and Corporate lobbyist.
Think Third Party.
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