The “Originate to Distribute” Basle Banking Model Created the Banking Crisis

Read this article:

http://beyondmoney.wordpress.com/2008/09/30/how-the-international-banking-fraternity-created-the-present-credit-crisis/

By Christopher M. Quigley, B.Sc., M.M.I.I., M.A.

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My comment to his article:

Dear Sir,

basle-banking-system

basle-banking-system

I was thinking about all this “high-level” steering for a long time. And I know that the financial system is almost “unlinked” like the politicians to realize the real world. Liberalism on the markets were good as long as “shadow-moves” of credit exchanges work. What we see (just look out of your window) is a world focused on consumerism and egoism. To make money,no matter how.

Finally I’m really concerned about the next crisis. Today the financial sector, tomorrow maybe the raw materials and raw commodities (rice, corn, grain ) sector nowdays also under siege by speculative transactions in buying and selling. Commodity prices rose up to 40%. We will face a real threat if one day these basic products will be denied to people in emergent and poor countries. Then we won’t fear our savings, but our life, because when these billions decide to throw the ball, the real 3rd World War will gloom…

Andreas Ahlen
http://mysay.newsvine.com
mysay@inbox.com

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3 Responses

  1. […] PlusEV Trading Newsletter | Forex Trading, Analysis and Education wrote an interesting post today onHere’s a quick excerptRead this article: http://beyondmoney.wordpress.com/2008/09/30/how-the-international-banking-fraternity-created-the-present-credit-crisis/ By Christopher M. Quigley, B.Sc., M.M.I.I., M.A. – – – – – – – – – – – – – – – – – – – – – – – – – – – – – My comment to his article: Dear Sir, […]

  2. […] Bear Market Investments wrote an interesting post today onHere’s a quick excerptRead this article: http://beyondmoney.wordpress.com/2008/09/30/how-the-international-banking-fraternity-created-the-present-credit-crisis/ By Christopher M. Quigley, B.Sc., M.M.I.I., M.A. – – – – – – – – – – – – – – – – – – – – – – – – – – – – – My comment to his article: Dear Sir, basle-banking-system I was thinking about all this “high-level” steering for a long time. And I know that the financial system is almost “unlinked” like the politicians to realize the real world. Liberalism on the ma […]

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