What price the new democracy ? Goldman Sachs conquers Europe - The Independent
►http://www.independent.co.uk/news/business/analysis-and-features/what-price-the-new-democracy-goldman-sachs-conquers-europe-6264091.ht
Simon Johnson, the former International Monetary Fund economist, in his book 13 Bankers, argued that #Goldman_Sachs [aka “Vampire Squid”] and the other large banks had become so close to government in the run-up to the #financial_crisis that the US was effectively an oligarchy. At least European politicians aren’t “bought and paid for” by corporations, as in the US, he says. “Instead what you have in Europe is a shared world-view among the policy elite and the bankers, a shared set of goals and mutual reinforcement of illusions.”
This is The Goldman Sachs Project. Put simply, it is to hug governments close.
Toujours cette « communauté d’inspiration » rendant inutile toute « conspiration »
Goldman Sachs, which has written over $2trn of insurance, including an undisclosed amount on #eurozone countries’ debt, would not escape unharmed, especially if some of the $2trn of insurance it has purchased on that insurance turns out to be with a bank that has gone under. No bank – and especially not the Vampire Squid – can easily untangle its tentacles from the tentacles of its peers.