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Trader says Eurozone Market will crash

26 Sep

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Stock trader Alessio Rastani was interviewed on BBC today.  He advised–without the least trace of self-doubt–that, “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!”.

He admits to dreaming of yet another recession as another opportunity for him to get rich.  He implies that governments are impotent to solve the economic problems, that Goldman Sachs rules the world, and predicts that within the next 12 months millions of people will see their savings wiped out.

The man is so candid, it’s hard to believe he’s speaking on mainstream media.  I doubt that he’ll be invited back.  I can’t help wondering if he might be “disappeared” for being so honest.

video  00:03:29

http://www.youtube.com/watch?v=aC19fEqR5bA&feature=player_embedded

The interview is so fantastic that some people believed it must’ve been a hoax.  As a result, the day after the interview, the BBC issued the following statement:

“We’ve carried out detailed investigations and can’t find any evidence to suggest that the interview with Alessio Rastani was a hoax. He is an independent market trader and one of a range of voices we’ve had on air to talk about the recession.”

 

 

 
3 Comments

Posted by on September 26, 2011 in Economy, Video

 

Tags: , ,

3 responses to “Trader says Eurozone Market will crash

  1. Rich H.

    September 26, 2011 at 7:52 PM

    All the global currencies are fiat. Thus, they are toxic. Toxicity causes cancer. Should we really expect differently? For those of us paying attention, this isn’t news. We all know it is bound to happen. We just don’t know the exact time.

     
  2. Margaret

    September 26, 2011 at 7:57 PM

    Not only that, he said that Goldman Sachs runs the world, not the governments. He also said that they KNOW the stock markets are going to crash, and that all efforts to bail out and so forth are useless. While many of us know these things, as you say, his candor was breathtaking. Now, if Lindsey Williams is right, within weeks after the collapse in Europe, America will go down as well. All the while our ‘representatives’ are playing games and fiddling while they let the banksters destroy the world. Things will get UGLY.

     
  3. Den

    September 27, 2011 at 5:22 AM

    BBC folks were speechless. Body language implies bosses are screaming in their ears. Pray for this man for he’s a the focus of some very evil intent at the moment!

     

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