[LINK] world financial control

[Dr Bob Jansen]

On 10/12/2010 11:37 AM, Kim Holburn wrote:
> I wonder too if these two companies are now also companies in the "too big to fail" basket.  Surely by now "too big to fail" is an alarm call.  "Too big to fail" equals "too dangerous to maintain".
>
>
I too am concerned about companies being 'too big to fail'. Given that, 
at least in most western democracies individual governments fail 
regularly, that these companies are now bigger than governments, 
including superpower governments like the US (but maybe not China) and 
hence they are subsuming  governments but without the accountability 
requirements? A bit like 1984 maybe?

worrying though.

bobj

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