Was financial meltdown the result of economic terrorism? – By Ed Morrissey (Mar. 1, 2011)

in Articles,Articles Authored by Others

Pajamas Media gives an exclusive look at an analysis prepared for the Department of Defense’s Irregular Warfare Support Program (IWSP) by Cross Consulting and Services in 2009 that alleges that the economic meltdown in 2008 was no accident.  Kevin Freeman argued that a run-up of speculation by sovereign-wealth funds created a bubble in the oil industry that allowed bear raids on American financial institutions, using credit swaps and other non-regulated investment instruments to crash the US financial system.  Bill Gertz reported on the analysis today…

Read the full article here.

Previous post:

Next post: