Tuesday, November 10, 2009

State Capitalism In the Crosshairs

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Below is a OpEd piece that appeared on the website project-syndicate.org - Basically it is more rhetoric regarding the creation of a new multilateral system that needs to be put into place to protect the financial system. In short this means more wealth distribution, a further collapse of the U.S. Dollar and of course last but not least a deeper push for a global government. If they have their way say goodbye to your national sovereignty.


A New World Architecture
George Soros

NEW YORK – Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice between two fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.

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