Goldman Sachs rules the world

Independent trader Alessio Rastani made his fame during the BBC interview earlier this week. What he said “shocked” those in the studio as well as the public. The anchor said the people around her “jaws collectively dropped”. He said:

“I don’t really care how governments are going to fix the economy; our job is to make money from it.”

“This is not a time right now for wishful thinking that governments are going to sort it out. Governments do not rule the world, Goldman Sachs rules the world.”

His comments raised a lot of controversies and I am not going to comment on that. However, I like the following comments from him:

The depression on the 30s was not just about the market crash. There were some people who were prepared to make money out of the crash. And I think everybody can do that; It is not just for the people in the elite.. When the market crashes, you know what to do…”
“The biggest risk people can take right now is not acting.

You can watch the full interview below:

About the Author

Ivan Guan is the author of the popular book "FIRE Your Retirement". He is an independent financial adviser with more than a decade of knowledge and experience in providing financial advisory services to both individuals and businesses. He specializes in investment planning and portfolio management for early retirement. His blog provides practical financial tips, strategies and resources to help people achieve financial freedom. Follow his Telegram Channel to join the FIRE community.
The views and opinions expressed in this article are those of the author. This does not reflect the official position of any agency, organization, employer or company. Refer to full disclaimers here.

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