Re: <nettime> Naomi Wolf: This global financial fraud and its gatekeepers (Guardian)

[Heiko Recktenwald <heikorecktenwald@googlemail.com>]

Well, the Euro etc, Soros at its best?

Am 15.07.2012 21:45, schrieb Keith Hart:

> Of course fraud is systemic. The British, having lost a colonial empire,
> created an illegal financial empire based on the City of London and run

Lets call it an unrestricted financial empire.

> through dependencies like the Cayman islands, Jersey, Hong Kong etc. The US
> was forced to retaliate by setting up its own offshore system at home
> (Delaware, Wyoming etc).In September I am giving a keynote at a conference
> of Italy's Institute of Public Economists, "Corruption, tax havens and th
> einformal economy". My title is "The informalisation of the world economy"

Well, welcome to reality. What comes first, activity or regulation?

And what does it have to do with the two or three iregularities in the
financial world that went havoc?

Two wars with Chinese money and the Euro have nothing to do with it.

I am really interested to read a convincing justification of this crazy
common currency experiment.

H.

> which is probably too polite. Nick Shaxson has a more direct description in
> his brilliant Treasure Islands: tax havens and the men who stole the world.
> Keith
 <...>


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