Posts Tagged ‘David Rockefeller’

The League of Extraordinary Men

Tuesday, June 24th, 2008

Few men sat together and played with the LIBOR rates in the wake of the US funds crisis and this has allowed in artificial interest rates into the world economy which could have serious ramifications very soon. LIBOR rates are used as benchmark for over 300 trillion USD worth of transactions worldwide!

Few men sit together at the OPEC and decide how much you and I will pay for our petrol or diesel. They decide the production limits of its constituent countries and this gives them large control over the prices of crude. The crude cost per barrel is estimated to be around 15 USD per barrel, that however is now selling at 130 USD per barrel or even more. (more…)

Tags: , , , , , , , , ,
Posted in Articles, Economy, Finance & Money, Geo, Glimpses of Truth, New Findings, Politics, Purpose of Life, Society | 2 Comments »