Possible causes for the world financial crisis
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There was a owner of great firm in Austria. He gave his firm to the Vienese stock-exchange. This stocks were nearly all sold, because the firm worked very lucrative. The firmowner now, he had good connection to the Austrian financial minister, leveld down the prize of his stocks for a large amount. Therefore the new owners of his stocks, fearing that their money would be lost, sold their stocks back and the firmowner made therfore a big deal, because he earned by his criminal action half of the price of his stocks and got it also back. He was accused for this economic-crime at the Austrian highcourt, but his crimes could not be proofed because of the help of his famous solicitors and he was spoken free.
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the solicitors who? wat is spoken free? sorri dun understand
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seldom anyone look into the political implications which cause many financial crises...but it is often political connections that help resolve them...
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wa, so �暗
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Hindsight 20/20
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just to give a classic but lesser known example...
Sir Winston Churchill almost lost his fortune in the stock market had his good friend not helped him behind the scenes....whenever he sell, his friend would buy and vice versa....neutralizing his losses.....Churchill would have been destroyed politically had he not been saved financially by his friend....
this good friend was none other than the famous financial institution named after him...Bernard Baruch
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Originally posted by Fcukpap:
just to give a classic but lesser known example...
Sir Winston Churchill almost lost his fortune in the stock market had his good friend not helped him behind the scenes....whenever he sell, his friend would buy and vice versa....neutralizing his losses.....Churchill would have been destroyed politically had he not been saved financially by his friend....
this good friend was none other than the famous financial institution named after him...Bernard Baruch
Bernard Baruch is the old George Soros.............
a stooge of the Rothschilds..................
Baruch helped brought about the creation of the FED by getting the presidency for Woodrow Wilson.............