What price the new democracy? Goldman Sachs conquers Europe - Business Analysis & Features - Business - The Independent
The ascension of Mario Monti to the Italian prime ministership is remarkable for more reasons than it is possible to count. By replacing the scandal-surfing Silvio Berlusconi, Italy has dislodged the undislodgeable. By imposing rule by unelected technocrats, it has suspended the normal rules of democracy, and maybe democracy itself. And by putting a senior adviser at Goldman Sachs in charge of a Western nation, it has taken to new heights the political power of an investment bank that you might have thought was prohibitively politically toxic.
This is the most remarkable thing of all: a giant leap forward for, or perhaps even the successful culmination of, the Goldman Sachs Project.
It is not just Mr Monti. The European Central Bank, another crucial player in the sovereign debt drama, is under ex-Goldman management, and the investment bank’s alumni hold sway in the corridors of power in almost every European nation, as they have done in the US throughout the financial crisis. Until Wednesday, the International Monetary Fund’s European division was also run by a Goldman man, Antonio Borges, who just resigned for personal reasons.
http://www.independent.co.uk/news/business/analysis-and-features/wh...
Comment
-
Comment by Anonymiss Express on November 21, 2011 at 10:27am
-
-
labguage=language of course :D
-
-
Yes, I agree, language is very important, and by calling it a brotherhood of man, you create that. I wish humanity to win, and so we have to be very careful of our labguage, and not frame our desires within their language.
-
-
They're much more scared of a sisterhood of women.
-
-
Yeah. And we're getting close to uncovering the plot by tracking the money streams and people are waking up to that and discovering that for themselves (the most convincing and desired way too ~ developing a critical mindset and not giving away self-power again), so they'll probably try to start a war next. They did the previous times.
- ‹ Previous
- 1
- 2
- Next ›
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
"Burbia! Thank you for the video, yes Texas aint puttin up with this shit! "
"This is encouraging."
"There was no trail of death from the first case in the US landing in Seattle and brought north of…"
[OFFICIAL TRAILER] The Grand Deception
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Архітектурне планування двоповерхового будинку: ключові рішення для комфортного простору
Проєктування двоповерхового будинку — це складний, але захоплюючий процес, що поєднує…See More
After Querying GROK over the 1952 Washington National Sightings
The Washington National Sightings (also called the 1952 Washington, D.C. UFO incident, the…See More
I Tried AI for Fun. Now I’ve Got Questions | Jeff Childers From #474 | The Way I Heard It
What does inevitability sound like?That’s not a thruway line—it’s the question I keep coming back to after this conversation with Jeff Childers. Because some...
"Cheeki, Thanks so much for the encouragement! "
© 2026 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network