[OPE] Der Spiegel and the great financial swindle...

Der Spiegel comments (4 April 2009):

"When the [G20] celebrations have died down, it will be easier to look at what actually happened in London with a cool eye. The summit participants took the easy way out. Their decision to pump a further $5 trillion (€3.72 trillion) into the collapsing world economy within the foreseeable future, could indeed prove to be a historical turning point - but a turning point downwards. In combating this crisis, the international community is in fact laying the foundation for the next crisis, which will be larger. It would probably have been more honest if the summit participants had written "debt, unemployment, inflation" on the wall. The crucial questions went unanswered because they weren't even asked. Why are we in the current situation anyway? Who or what has got us into this mess?" http://www.spiegel.de/international/world/0,1518,617224,00.html

Well, suppose that you had legally robbed, plundered and stolen the past and future savings of hardworking people, would you want to talk about openly about why you did it, and boast about it?

J.

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Received on Sat Apr 4 09:03:26 2009