The comment comes as the finance ministers of major European economies, including Germany, France, Italy and Britain, say they will complain against the US fiscal policy in the upcoming meeting of the Group of Seven (G7).
The meeting of the G7 will be held on October 11 in Tokyo, Japan, where finance ministers from the seven industrialized countries will discuss ways to boost sluggish economic recovery as many countries are struggling with low interest rates and high government debt.
“What’s going on and what’s driving all of this is not sovereign nations; it’s not Germans; it’s not Italians; it’s the institutions that control those governments; it’s not the people inside those governments and the institutions that control the eurozone countries is the European Central Bank which takes its orders from the Bank for International Settlements. In this country (The US), it’s the Federal Reserve Bank; these are private Central banks; they have the same ownership; they make coordinated moves.”
Consider Spain, whose government will have to borrow €207 billion (about $334.6 billion) next year just to survive (widening the country's debt to more than 90 percent of its annual gross domestic product - the sum of all its revenues), many people are turning to dumpsters and garbage to feed themselves.
5 Million Volt Cattle Prod developed for 'Crowd Control' ~ link ~ Hitler and Stalin would be so proud! We have allowed the monsters of the human race to take control and the price for that is horrific. Stirling