Leaders of EU’s four biggest economies meet in Rome to try to save the eurozone, that according to Italian Prime Minister Mario Monti has only one week left.
“How many times are we going to hear this high jacking scenario? asks Keiser. “When some technocrat like Mario Monti has put a gun to the people’s head- either give us all your money or we’re going to take all your assets. They are going to do that anyway.”
Keiser has said the downgrade of the banks could not only raise their borrowing costs but would also help politicians use this to put forward the agenda of the global financial governance.
The global banking system is ‘dead’ and people need to push out from what he called “banking terrorists” and stand up for themselves.
“People have to stand up and realize that no one’s going to help them but themselves. It’s time to form a resistance”, he said.
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