bear global casino

bear global casino - James Fisk The Global Casino is a...

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James Fisk The Global Casino is a theory of the world’s economy, and the way international trade has become. International trade now has less to do with the trade of actual goods and more to do with just simply making money. This chasing of money has become the new definition of the global economy. Because of this there has been a lot of deregulating the financial market creating a free flow of capital. Many believe this to be a large threat to the global economy and is turning it into a “global casino.” This had eventually led to a wave of mergers, overseas expansions, as well as more competition between banks, investment brokers, trust companies, and insurance companies; which was now not only allowed, they now could compete across international borders. Soon enough it turned into a vicious downward spiral, which was sped up more by those who interfered massively in foreign exchange markets. Their interference enormously devalued local currencies. As currencies became more devalued many local companies had to borrow from
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bear global casino - James Fisk The Global Casino is a...

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