It's funny that you mention HSBC in this "cartel". I mean, that's more of a money laundering business than a bank. But hey, that was in like in what, 2011? What you're trying to tell people is sooo unrealistic. By that logic people could buy more valuable things than gold, make recession come to an end, and Bing bang boom: the world's an awesome place to live in. Stop trolling people unnecessarily.
Putin warns of financial crisis the world ‘has not yet seen’The global economy is facing a threat of a spiraling protectionist measures that can lead to a devastating crisis, Vladimir Putin warned. Nations must find a way to prevent this and establish rules on how the economy should work.
The Russian president spoke out against the growing trend of using unilateral restrictions to achieve economic advantage, as he addressed guests of the St. Petersburg International Economic Forum (SPIEF) on Friday.
“The system of multilateral cooperation, which took years to build, is no longer allowed to evolve. It is being broken in a very crude way. Breaking the rules is becoming the new rule,” he said.
“The ability to impose sanctions arbitrarily and with no control fosters a temptation to use such restrictive tools again and again, right and left, in every case, regardless of political loyalty, talks about solidarity, past agreements and long cooperation,” he said.
https://www.rt.com/business
