This has been the story of all the developed markets; when everybody thought, everything was working just fine. The growth of the economy was driven by financial system, that allowed to consume more and save less. The financial institutions made a killing, during the growth of these economies. Now the same institutions are trying to gang up together;to save their markets or shall we say; themselves. Just look at what is happening to Eurozone. They created a bigger economy out of all the economies;to give them more muscle power; to negotiate with the world and now when the crisis has hit, they are thinking who should bear the loss! The cookie is about to crumble, and with more and more stimulus, austerity measures, tax on tax- developed world shall bridge the gap with the developing world.
Time is a great leveler(they say), and it is about to come true. The economies that were built with the trade of toxics- namely opium, tobacco, tea, loot , divide & rule are going to succumb to their own designs. Not many people remember, perhaps thanks to short memories- what was legal then, is illegal now. And now they have successfully transported the financial toxics to the entire world.
The emergence of new world order, is going to be good for the human race, because when you have a say, they do listen.
Last Laugh: You made the monies , now make the loss! Head or tail, it doesn't matter et all..