"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Thursday, November 10, 2011

The Economics Behind Terrorism And The Surprising Connection Between Money Laundering And The US Patriot Act

Loretta Napoleoni details her rare opportunity to talk to the secretive Italian Red Brigades -- an experience that sparked a lifelong interest in terrorism. She gives a behind-the-scenes look at its complex economics, revealing a surprising connection between money laundering and the US Patriot Act.  She discovered another international economic system which runs parallel to our burn and struggling-to-survive system.  The knock-on effect of the Patriot Act and the ability of the Fed to monitor transactions that take place in dollars was the fleeing of holders of US currency.  This led to the Euro being the center of the money laundering activities of the world.  When the Euro bombs, follow the money laundering, that will be your crystal ball into the next economic breakdown.