“For more than three centuries, the City of London – the “Square Mile” that is London’s financial center — has financed both sides of wars and sold insurance against the destruction that would follow”
“Guaranteeing against shipping loss is one type of insurance, but a much bigger insurance trap is the derivatives market. Sold as a form of insurance against market risk, derivatives are a speculative betting game that extracts rents from all major economic flows.” Nice work if you can get it and claim it as a source of profit for GDP even though you either produce no real wealth (derivatives) or produce death (profits on wars).
~ Image from Global Research
~ Quotes from Global Research
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