September 28, 2011

"Gov'ts don't rule the world, Goldman Sachs Rules the World"

Key Points
The statement came towards the end of an almost three and a half minute interview in which Rastani warned viewers to "get prepared" for the inevitable: "The savings of millions of people are going to vanish" in less than a year, he said.

"This economic crisis is like a cancer, if you just wait and wait thinking this will go away, just like a cancer it's going to grow and it's going to be too late," he continued.'

"For most traders we don't really care about having a fixed economy, having a fixed situation, our job is to make money from it," he said. "Personally, I've been dreaming of this moment for three years. I go to bed every night and I dream of another recession."

"When the market crashes... if you know what to do, if you have the right plan set up, you can make a lot of money from this."
-Alessio Rastani, trader, BBC interview

In light of this attrocity,