Is the Whole World Financial System One Big Madoff Swindle?

Is the Whole World Financial System One Big Madoff Swindle?: "Western governments and central banks, according to Italy's former Finance Minister Domenico Siniscalco, frittered away around Eur3 trillion in 2008 alone, in one rescue package after another—all of it taxpayers' money, mind you—the crisis in the financial sector continues to worsen, and the real economy continues to collapse worldwide. Three trillion: That's twice the value of all the privatizations that occurred over the past 30 years—just to give an idea of the proportions we're dealing with here."