William Engdahl on the Collapse of the Economy

“The US economy will not recover for at least another decade” – Engdahl

American bankers see themselves as the gods of money, a class above mere mortals, and they can do what they wish, said renowned economic researcher and historian William Engdahl in an interview with RT.

“The center of gravity of the global crisis is New York, the United States, the US financial system, the dollar system and to a secondary extent the pound and the City of London. That is where all the toxic waste was created to be sold on the world market,” explained Engdahl, saying that the economic crisis in Greece and the Eurozone was “politically activated by the same gods of money.”

“At the time the crisis [in Greece] broke out last November, Goldman Sachs was the prime financial advisor to the new Greek government of [George] Papandreou, so Goldman Sachs and Wall Street played an insider role in this Greek crisis from the very beginning.”

At the same time, William Engdahl believes that “the Eurozone is a concept based on a false foundation,” but he does not believe in the end of the EU in the nearest future.

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