Financial Crisis and Recession »

Posted By populist 6 months ago in Political Opinion

BAGHDAD, IRAQ - JANUARY 5: The US flag is raised during a formal dedication ceremony attended by the Iraqi President Jalal Talabani, at the new US embassy amid heavy security, in Green Zone, on January 5, 2009 in Baghdad, Iraq. The embassy compound is the biggest and most expensive that the US have built and will house 4000 staff. (Photo by Getty Images)

«1 of 1»

Prop it 6 Drop it

The severe financial crisis and resulting worldwide economic recession we have been forecasting for years are finally unleashing their fury. In fact, the reckless policy of artificial credit expansion that central banks (led by the American Federal Reserve) have permitted and orchestrated over the last fifteen years could not have ended in any other way.