The Governance Nightmare

“In a global economy when you lower the cost of capital and rig resources for insiders, a severe misallocation of capital results. This has been occurring for decades. As a result, we have a world that has been trained to behave unproductively and without accountability. Some of the players who have blossomed in this environment have weapons and are extremely dangerous. Consequently, it is very difficult to build alignment to get anything done.”

~Catherine Austin Fitts on why the Bilderbergers are depressed, from 2nd Quarter 2010: Looking Back