CURRENT ECONOMIC AND POLITICAL NEWS EVENTS: BRINGING OUR WORLD (EAST AND WEST) CLOSER TOGETHER TO FORM A GLOBAL SOCIETY ~ LOOK FOR GLOBAL CURRENCY NEWS AND UPDATES ON GLOBAL AND REGIONAL CURRENCIES: ASIAN, MIDDLE EAST, LATIN AMERICA, EMERGING MARKETS, ALONG WITH THE EURO AND THE U.S. DOLLAR ...
Tuesday, August 7, 2012
'Scrap banks or they'll bring chaos' - Nobel Economist (video) ....
Nobel Prize Winning Economist: Core Problem Is Too Much Centralization … In Both Government AND the Private Sector
Nobel prize winning economist Ed Prescott has previously said that we have to break up the big banks.
Prescott notes in a new interview that centralization – of either government or banking – is a core problem:
READ FULL ARTICLE .. HERE
Labels:
Global Banking,
videos