Monday, September 26, 2011
Truth slips out on the BBC
In an interview on BBC News this morning that left the hosts gob-smacked, Alessio Rastani outlines in a mere three-and-a-half-minutes what we all know and most ignore. While the whole interview is worth watching, the money shot for us was "This economic crisis is like a cancer, if you just wait and wait hoping it is going to go away, just like a cancer it is going to grow and it will be too late!". While he dreams of recessions, sees Goldman ruling the world, and urges people to prepare, it is hard to disagree with much (or actually anything) of what he says and obviously interventions and machinations means we will have days like this, there is only one endgame here and we hope there is less hopeful euphoria (and more preparedness) as we pull back the curtain further and further.