Who Triggered the Financial Meltdown?

Tuesday, February 10, 2009

Here's an interesting video explaining exactly how the meltdown started.

One morning the federal reserve noticed "a tremendous draw-down of money market accounts... to the tune of $550 billion, was being drawn out in a matter of an hour or two... Within 24 hours the world economy would have collapsed [if they didn't act]."

Rep. Paul Kanjorski reveals that the Secretary of Treasury received flexibility from Congress in order to avert a world financial explosion after this happened.

That's how it started. An "electronic run in the banks", an attack within an hour. Who did it?


Anonymous said...

I think it was George Soros. After all, he managed to bring down the Bank of England.

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