Showing posts with label F. William Engdahl. Show all posts
Showing posts with label F. William Engdahl. Show all posts

Thursday, June 11, 2009

What slows us? Not just the dollar; demographics, too

F. William Engdahl argues that a key factor in future economic performance is demographics, and there are foreign countries with younger populations that will come into their own.

Sunday, October 12, 2008

Banking crisis part of a deep strategy?

On Financial Sense, F. William Engdahl speculates that asset-backed securities ("toxic waste" mortgage packages) were sold to European banks in order to poison their wells and leave the world banking system dependent on the USA - and an elite group of American bankers.

One startling fact cited in this conspiracy theory, is that the office responsible for overseeing Credit Default Swaps had its staffing reduced from 100 to... ONE person. Giving evidence to Congress, the Chief Accountant of the Securities & Exchange Commission said "... there has been a systematic gutting, or whatever you want to call it, of the agency and its capability through cutting back of staff."

Oh dear, I thought conspiracy theories were for nutcases. Maybe I'm wrong.