(Reuters) – “Standard & Poor’s has warned it may carry out an unprecedented mass downgrade of euro zone countries if EU leaders fail to deliver a convincing agreement on how to solve the region’s debt crisis in a summit on Friday. “
Another example of how our political leaders are being hijacked by the powers of the financial markets. Isn’t it time someone stopped this new form of financial terrorism? When will our Merkozy’s declare war on this terrorism?
See also this interesting YouTube interview with professor John Weeks: “The economic power of Wall St., if not restrained, will lead to political dictatorship”