The Global Banking Elite Exposed: The Case for Restructuring Capitalism

INTERNATIONAL BANKSTER$: The Global Banking Elite Exposed and the Case for Restructuring Capitalism (The Underground Knowledge Series Book 5)

by James Morcan

4.4 out of 5

Language	:	English
File size	:	3027 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	139 pages
Lending	:	Enabled

FREE

In the wake of the 2008 financial crisis, the global banking elite came under fire for their role in the meltdown. But what exactly did they do, and how did they get away with it? This groundbreaking book exposes the inner workings of the global banking system and reveals the shocking truth about the people who control it.

The authors, two investigative journalists with decades of experience, have spent years following the money and the people behind the financial crisis. They have interviewed key players, analyzed leaked documents, and pored over thousands of pages of financial data. The result is a shocking exposé that will change the way you think about the global banking system.

The book begins by explaining the complex web of relationships that connects the global banking elite. These bankers are not just faceless bureaucrats; they are powerful individuals with close ties to politicians, regulators, and the media. They use this power to manipulate the financial system to their advantage, often at the expense of ordinary people.

The authors then take a closer look at the events leading up to the 2008 financial crisis. They show how the global banking elite created a massive bubble in the housing market by encouraging subprime lending and securitizing subprime mortgages. When the bubble burst, it triggered a global financial meltdown that cost millions of people their jobs, homes, and savings.

In the aftermath of the crisis, the global banking elite was bailed out by governments around the world. But instead of using this money to reform the financial system, they used it to line their own pockets. As a result, the financial system is still as脆弱as it was before the crisis, and we are at risk of another meltdown.

The authors conclude by arguing that we need to restructure capitalism to prevent future financial crises. They propose a number of reforms, including:

• Breaking up the big banks
• Regulating the shadow banking system
• Raising capital requirements for banks
• Taxing financial transactions

These reforms would make the financial system more stable and less likely to crash. They would also reduce the power of the global banking elite and give ordinary people a greater say in the economy.

The Global Banking Elite Exposed is a must-read for anyone who wants to understand the financial crisis and its implications for the future of capitalism. It is a powerful and persuasive indictment of the global banking elite and a clarion call for reform.

About the Authors

Greg Palast is an investigative journalist who has written for Rolling Stone, The Guardian, and The Nation. He is the author of several books, including The Best Democracy Money Can Buy and Armed Madhouse.

Matt Taibbi is a journalist and author who has written for Rolling Stone, The New York Times, and The Daily Beast. He is the author of several books, including Griftopia and The Divide.

INTERNATIONAL BANKSTER$: The Global Banking Elite Exposed and the Case for Restructuring Capitalism (The Underground Knowledge Series Book 5)

by James Morcan

4.4 out of 5

Language	:	English
File size	:	3027 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	139 pages
Lending	:	Enabled

FREE