End the Lie

Trader on BBC: Goldman Sachs rules the world, millions to lose their savings in less than 12 months

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By End the Lie

In a surprisingly blunt interview aired on the BBC, an independent trader admits that he “dreams of another recession” since some people can prepare and treat a market crash as an opportunity to “make a lot of money from this.”

What exactly is “this”? Well, according to Alessio Rastani, “this” is the inevitable crash in the markets that is headed our way. Rastani, an independent trader, does not treat the crash of the Euro and the stock market as a possibility. He treats it as an inevitability.

He pulls no punches in this interview and it is clear that the BBC presenter is shocked by what he has to say.

When asked what would keep investors happy and mitigate the economic crisis currently unfolding, Rastani reveals, “Personally, it doesn’t matter. See, I’m a trader. Uh, I don’t really care about that kind of stuff.”

He continues, “If I see an opportunity to make money, I go with that. So, for most traders, it’s not about… we don’t really care that much how they’re going to fix the economy, how they’re going to fix the, uh, the whole situation. Our job is to make money from it.”

I’ve never heard a trader come right out on mainstream media and lay it out in such a plain way. Indeed he is correct, a traders job is to make money. Period. A trader need not worry about what will be done to fix an economic crash because as long as they are making money, they couldn’t care less.

This is something that the mainstream media likes to pretend is not the case, as though investors actually have an interest in keeping the stock market and the global economy afloat. This is simply untrue as Rastani reveals.

Traders and investors are just like corporations, they are only interested in the bottom line. If this means profiting off of an economic downturn while their neighbors are foreclosed on and their entire nation is robbed blind then so be it. As long as the cash keeps coming in, who cares?

Speaking of the current global economic meltdown unfolding around us, Rastani says, “I’ve been dreaming of this one for three years.”

He also reveals the mindset of many a trader in saying, “I go to bed every night, I dream of another recession. I dream of another moment like this.”

He then gives the example of the market crash of the 1930s which was not only a market crash but an opportunity for some people to make a lot of money.

After his frank statements the presenter says, “If you could see the people around me, jaws have collectively dropped at what you’ve just said.” I guess she wasn’t expecting him to tell the truth.

She says, “We appreciate your candor, however it doesn’t help the rest of us, the rest of the Eurozone.”

Rastani then likens the economic crisis to a cancer, telling us that if we wait and wait, it will be too late.

He recommends that everyone prepare while also saying that this is not a time for wishful thinking, hoping for government to ride in like a white knight and save the day.

Then he drops the biggest bombshell of the entire interview.

In a statement that likely sent BBC producers into a frenzy, Rastani stated, “The governments don’t rule the world, Goldman Sachs rules the world. Goldman Sachs does not care about this rescue package, neither does the big funds.”

He gives the average person a bit of hope in saying that it isn’t just traders and investors that can make money off of an economic downturn.

Rastani says that average people need to learn how to make money from a downward market. The first thing people need to do is protect their assets, what they already have.

Rastani concludes with this grim projection, “In less than 12 months, my prediction is, the savings of millions of people is going to vanish. And this is just the beginning.”

He continues, “I would say, be prepared and act now. The biggest risk people can take right now is not acting.”

You can find Alessio Rastani on Facebook here.

UPDATE: there are reports that this individual is actually one of the “Yes Men”. Even if this is true, it is incredible that they allowed him to go on that long. If anyone has proof of this please comment or send it my way via email.

UPDATE 2: The Yes Men are saying that this is not a hoax and the BBC have said that he is a real trader. He has also conducted an interview with Forbes in which he insists he is a real trader.

3 Responses to Trader on BBC: Goldman Sachs rules the world, millions to lose their savings in less than 12 months

  1. Prosecute the Banksters! September 28, 2011 at 8:51 PM

    what a smug bastard. who else wanted to smack him?

  2. Charles Crosby September 30, 2011 at 10:47 AM

    Nice little plug for him at the licence payers expense. Perhaps the Beeb will take a cut of his gains and then put the licence fee up. So glad I no longer watch TV crap and I advise one and all to do the same.

  3. CanSpeccy October 13, 2011 at 5:13 PM

    This fellow sounds totally phony to me. He’s telling you what the big guys, the smart money, the hedge funds are thinking and what they’re going to do?

    Talk like that has to be nonsense. If anyone knew what was going to happen, if there really was smart money that could bet right slightly better than half the time on whether markets are going to move up or down, they’d soon have all the money in the world.

    But folks have won Nobel prizes proving that markets are not predictable.

    So what’s this guy trying to do? Save your money, or panic you into losing it by chucking in all your investments?

    He doesn’t even sound intelligent. Where’s the evidence that he knows anything at all? There is none, so far as I am aware, which strongly suggests that he’s a liar and a shill, presented by a broadcaster best known for lying propaganda.


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