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The Great American Bubble Machine

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http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine

Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression

Comments

  • Reaper
    Reaper Posts: 7,353 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 9 July 2009 at 9:17AM
    O yes, a conspiracy theory by a journalist working for The Econonist... no, the Wall Street Journal.... no I'm wrong again - Rolling Stone.

    Perhaps best known for his other controversial article "The 52 Funniest Things About the Upcoming Death of the Pope." (link)

    I can't really be bothered to watch the video even for entertainment value.
  • mzqa395
    mzqa395 Posts: 376 Forumite
    All UK media control by big company. Read The confession of Economy Hitman
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Worth watching for popular perception of market events I guess


    goldman is just using cheap money provided by government, see how they speculate with rates at 10%
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