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by bruin4tw
6052 days ago
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The advancement of globalization will usher in a need for a one world government or entities that global( financial regulators, IMF, UN). Basically some of the global entities we have now but with more power. Globalization must happen or the consequences are dire. Ask Peter Thiel he'll explain this all to you. |
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"need"?
What makes you think that they'll get it right?
After all, they're the same folks who said that banks should load up on AAA securities that turned out to be significantly more risky than anyone thought. They're the folks who basically required US banks to own stock in Fannie Mae and Freddie Mac. When that stock tanked, those banks didn't have sufficient capital.