Friday, June 17, 2011

We Suffered a Fukushima-Style Melt-Through in 2008, June 16 2011

Washington’s Blog
As I noted in April, the Japanese nuclear disaster and financial crisis were caused by the exact same thing: removing all of the safeguards in order to save money.

As British MP Nigel Farage points out today, European regulators removed all of the safeguards on financial firms just like Washington did, and let the big banks run amok:


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