Tuesday, March 01, 2011

HooBoy! A New Conspiracy Theory!!

Well, this will keep some folks busy for months--at least.

In the [Pentagon-commissioned] report, financial analyst Kevin Freeman argues that the 2008 economic crisis was assisted by outside forces.

How?

  • The first phase was a speculative run-up in oil prices that generated as much as $2 trillion of excess wealth for oil-producing nations, filling the coffers of Sovereign Wealth Funds, especially those that follow Shariah Compliant Finance.
  • The second phase appears to have begun in 2008 with a series of bear raids targeting U.S. financial services firms that appeared to be systemically significant.
  • The risk of a Phase Three has quickly emerged, suggesting a potential direct economic attack on the U.S. Treasury and U.S. dollar.
Have at it.

HT: PJ Media

1 comment:

J. Strupp said...

He's fucking crazy.

I'm out.