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Wag the dog: How to conceal massive economic collapse
 
Published by kidmercuryblog
08-15-2008

Wag the dog: How to conceal massive economic collapse

Outstanding article showing how the criminal elite can manipulate market prices, and how central banks essentially did that to prop up the US dollar and the stock market in recent weeks. -- KM

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Last week, Fannie Mae and Freddie Mac had just announced record losses, and so had most reporting corporations. Unemployment was mounting, the foreclosure crisis was deepening, state budgets were in shambles, and massive bailouts were everywhere. Investors had every reason to expect the dollar and the stock market to plummet, and gold and oil to [...]

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