Thursday, October 16, 2008

Real News Video: Europe fumes over Wall Street meltdown

William Engdahl: Europe furious that AAA US bonds turned out to be toxic waste - see end of US era Part 2/2



"The economic meltdown on Wall Street has sent shockwaves across the globe. Political economist William Engdahl believes the "US faces an economic depression that will be worse than the Great Depression of the 1930's." He goes on to state that "European goverments are furious at the corruption and fraud that has come out of the New York financial community.""

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