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Re: Eurozone is a huge problem for the world economy

By: Down And Out Man in ALEA | Recommend this post (0)
Mon, 24 Oct 11 7:23 PM | 59 view(s)
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Msg. 06122 of 54959
(This msg. is a reply to 06119 by Cactus Flower)

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The end of Glass-Steagall was the beginning of the end for the global economy.

Exactly. I forget what year that occurred, but I said at the time, "look out below". Good grief.


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The above is a reply to the following message:
Re: Eurozone is a huge problem for the world economy
By: Cactus Flower
in ALEA
Mon, 24 Oct 11 6:01 PM
Msg. 06119 of 54959

But for sure we do need to replace the folks running the financial system. The whole thing needs to be redone and the last thing we need is folks from Wall Street paying politicians to carve out their exceptions.

The end of Glass-Steagall was the beginning of the end for the global economy.


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