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From a commment on the London Banker thread linked to by rifek in the diary:
I see that you are now feeling the pains of reality. "Is it possible to reform a failed regulatory system sufficiently to restore a functioning market? "

My answer to you is: not this time. There is nobody with the will and the strength to stand up to Power.

...

The US is about to implode followed by the UK and then EU. There is a shift now and it is towards Asia between Perth WA and Vladivostok. Singapore has been preparing to become the main financial services sector in the World and it is also there.

The West is dying of its own incompetence and arrogance expressed in its inept "leadership.



There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Mon Mar 12th, 2012 at 07:58:43 AM EST
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