The Sounds of a Global Meltdown: Who really rules the World

"The governments don't rule the world, Goldman Sachs rules the world... The first thing people should do is protect their assets, protect what they have ... my prediction is that the savings of millions of people is going to vanish and this is just the beginning."

The sound of global markets and domestic realities imploding. Useless efforts to plug the holes in the dam. An elite more powerful than we can possibly imagine, impoverishing the human race right under our very noses.

Watch the video that's gone viral: Alessio Rastani, unabashedly telling the world how to make money from the impending crash.

'Anyone can make money from a crash,' says market trader

Ministers from the world's richest nations are reportedly on the way to agreeing a deal for troubled eurozone countries.

Following the IMF meeting in Washington, the BBC understands that three elements have been discussed.

They include a so-called "haircut" of Greece's sovereign debt, meaning institutions holding Greek debt would have to write off half of what they were owed.

The plan also envisages an increase in the size of the European Union bailout fund to two trillion euros.

European governments hope to have the plan in place in five to six weeks.

But one independent market trader - Alessio Rastani - told the BBC the plan "won't work" and that people should be trying to make money from a market crash.

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IMF Advisor: Global Financial Meltdown in 2 to 3 Weeks

Zero Hedge, October 6, 2011.

Watch the video of Sir Mervyn King speaking about the decision by the Bank’s Monetary Policy Committee to put £75billion of newly created money into the economy in a desperate effort to stave off a new credit crisis and a UK recession.

World facing worst financial crisis in history, Bank of England Governor says
The world is facing the worst financial crisis since at least the 1930s “if not ever”, the Governor of the Bank of England said last night.

Dexia bank gets massive bailout
France, Belgium and Luxembourg are to bail out the troubled bank Dexia, following fears it could go bankrupt.
BBC News, October 10, 2011.

Austria, Hungary:

Erste Group Reveals Stunner: Reports Billions In Previously Undisclosed Underwater Sovereign CDS; Who Is Next? And How Much More Is Out There?
Tyler Durden on 10/10/2011, Zerohedge.com

Debt crisis: live
Matthew Sparkes, Martin Strydom, 10 Oct 2011, The Telegraph

Markets edge up on Merkel and Sarkozy plan to pump money into banks but default fears linger as EU prepares to delay forthcoming summits due to ongoing talks on steeper losses for Greek bondholders.