Goldman Sachs Rules The World!

If you have managed, in the last week, to avoid seeing this viral video of a BBC interview with an independent market trader by the name of Alessio Rastani well done I say! For those of you who missed the three and a half minutes in the company of this slick little charmer here it is:

Now, first of all I would like to say that the lovely Mr Rastani is almost certainly correct in what he says. The fact that he comes across as a clone, spliced from a wart on Gordon Gekko's backside, unfortunately does not make what he says less valid just less palatable. What surprised me, though , was that the reaction online seemed to be shock at the pronouncement that Goldman Sachs ruled the world, not governments. I believe, though, that Mr Rastani was not, just, referring to Godman Sachs but a goup of institutions and hedge funds led by Goldman Sachs that will determine what occurs in the world economy over the next few months. This is not a conspiracy theory, the individuals in these institutions are simply doing what they are paid to do and, that is, to make as much money as possible.
Personally I am believer in the capitalist system but with logical constraints. Too few institutions now have too much power . We need more banks not less, so that no one of them can beome a 'systemic risk' or has excessive influence. But this is all by-the-by for the moment. The institutions I refer to are populated by very smart individuals and they will know not to kill the thing upon which they feed. How this is resolved , I have no idea , I leave predictions to those more qualified or braver than me but for the moment it would appear that ;
" Due to budgetry constaints the light at the end of the tunnel has been turned off until further notice" (anon)