Friday, 21 November 2008

The Role Of Politicians In The Meltdown

click here to go to the blogIn the UK the media narrative is so dumb as usual. The sub-prime crisis and the financial crisis were caused in and by the USA, goes the tale. Don't believe a word of it. Did any world leaders offer one word of complaint when the Basel 2 banking rules were concocted by supranational committee? Banks were as good as told to lend to people who would ...

Posted on The Tap Blog