Former World Bank Chief Economist Predicts Global Crash

April 3, 2007
Here is a little gem from October 30, 2006. A little out of date perhaps but no less relevant for it. The following are a few select quotes:
"Former World Bank Vice President, Chief Economist and Nobel Prize winner Joseph Stiglitz has predicted a global economic crash within 24 months - unless the current downturn is successfully managed. Asked if the situation was being properly handled Stiglitz emphatically responded 'no,' and also drew ominous parallels to the development of the NAFTA Superhighway and the North American Union."
My comment: when the former World Bank VP and Chief Economist says the sh*& is about to hit the fan, it's probably a good idea to listen.
"Stiglitz defined the process of globalization as a system that was
'rigged against the poor countries, rigged for the advanced industrial countries - the result of that is there were an awful lot of losers.'"
My comment: This is a very telling statement about the callousness and indifference of the globalists.
"Stiglitz agreed that the process of hijacking and looting key infrastructure on the part of the IMF and World Bank, as an offshoot of predatory globalization, had now moved from the third world to Europe, the United States and Canada."
My comment: If you were rightfully upset by the systematic rape of the developing world by the globalists over the past 50 years, you should now be thoroughly enraged now - you can see they're coming for us now.
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