Belmont Club

By Richard Fernandez

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How the subprime mortgage collapse happened

October 12, 2008 - 3:18 am - by Richard Fernandez
NahnCee
2008-10-12 18:13:09

Fred, Russia is a runner-up in my list. I’d plunk for Saudi Arabia first in that (1) they can buy the expertise needed, (2) they are proving amazingly adept at turning our systems against us in their attempts to overthrow the west and install Islam (using Wall Street against us is the same sort of mindset as using lawsuits and the courts), and (3) they have enough liquid money to spare to pull it off.

China would be my second choice in that most of the hacking stories the past few years have involved China and I also believe they have the funding to manage it. And it’s such an inscruitable ju jitsu-ey way to attack your enemy.

Russia would be third on my list because I just don’t seem them as being that devious and I’m not at all sure Putin could put together enough rubles to manage it.

If it’s Soros, then that puts him up there with Dr. No cuddling a white Persian cat and cackling over his evil plans to take over the world, and I just can’t go there while being sober.