05-31-2007, 04:50 PM
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Member
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Join Date: Dec 2005
Location: You don't rate to know
Posts: 2,287
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Originally Posted by Eric5273
Who said anything about "warfare"?? Give an example of what you mean by "financial warfare"??
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Wow. That took all of a second:
This manipulation of market forces by powerful actors constitutes a form of financial and economic warfare. No need to recolonise lost territory or send in invading armies. In the late twentieth century, the outright "conquest of nations" meaning the control over productive assets, labour, natural resources and institutions can be carried out in an impersonal fashion from the corporate boardroom: commands are dispatched from a computer terminal, or a cell phone. The relevant data are instantly relayed to major financial markets -- often resulting in immediate disruptions in the functioning of national economies. "Financial warfare" also applies complex speculative instruments including the gamut of derivative trade, forward foreign exchange transactions, currency options, hedge funds, index funds, etc. Speculative instruments have been used with the ultimate purpose of capturing financial wealth and acquiring control over productive assets. In the words of Malaysia's Prime Minister Mahathir Mohamad: "This deliberate devaluation of the currency of a country by currency traders purely for profit is a serious denial of the rights of independent nations".
Link
Tons of links - it's called Google; perhaps you've heard of it?
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Originally Posted by Eric5273
You have to get over the whole 9/11 thing buddy.
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Originally Posted by Winston Churchill
Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
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