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BBC Trader Tells Truth: "The Collapse Is Coming...And Goldman Rules The World"

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September 28, 2011 – Comments (5)

Zerohedge with the find here

http://www.zerohedge.com/news/bbc-speechless-trader-tells-truth-collapse-comingand-goldman-rules-world

"In an interview on BBC News this morning that left the hosts gob-smacked (google it... it is the BBC after all), Alessio Rastani outlines in a mere three-and-a-half-minutes what we all know and most ignore. While the whole interview is worth watching, the money shot for us was "This economic crisis is like a cancer, if you just wait and wait hoping it is going to go away, just like a cancer it is going to grow and it will be too late!". While he dreams of recessions, sees Goldman ruling the world, and urges people to prepare, it is hard to disagree with much (or actually anything) of what he says and obviously interventions and machinations means we will have days like this (in Silver for instance), there is only one endgame here and we hope there is less hopeful euphoria (and more preparedness) as we pull back the curtain further and further.

While we do not know who this trader is, one thing we can be 100% certain of is that he will never appear on CNBC."

 

5 Comments – Post Your Own

#1) On September 28, 2011 at 9:17 AM, SkepticalOx (99.45) wrote:

While we do not know who this trader is, one thing we can be 100% certain of is that he will never appear on CNBC."

In all fairness, they did play clips of this interview on Squawk Box this morning on CNBC, and spent a good 5 minutes on this topic. 

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#2) On September 28, 2011 at 10:36 AM, Frankydontfailme (27.25) wrote:

Skeptic, showing the clip to trash him (didn't watch squawk, correct me if they praised him) isn't the same as having him on the show.

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#3) On September 28, 2011 at 1:59 PM, SkepticalOx (99.45) wrote:

#2 Of course... but other papers are jumping on this like crazy:

Far from being a City hotshot, Alessio Rastani has admitted to being an 'attention seeker' who lives in a £200,000 semi-detached house owned by his girlfriend.

And despite his brash demeanour, there is precious little evidence that the 34-year-old has ever been employed in a senior post for a bank or stockbroking firm. (source)



 

 

 

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#4) On September 28, 2011 at 2:52 PM, imobillc (< 20) wrote:

http://msncaps.fool.com/Blogs/boa-noite/647419

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 Trader on the BBC says Eurozone Market will crash

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 http://www.telegraph.co.uk/finance/economics/8792829/BBC-financial-expert-Alessio-Rastani-Im-an-attention-seeker-not-a-trader.html

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  http://www.salon.com/news/wall_street/index.html?story=/news/feature/2011/09/27/rogue_trader_risky_behavior_explained

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#5) On September 28, 2011 at 4:47 PM, leohaas (32.26) wrote:

Bottom line, this is nothing more than the opinion of an attention seeking nobody without any credentials. Of course, he could be right. But so is a defective clock twice a day.

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