Wednesday, August 20, 2014

If you do not want the earth to be toast, do not put it in the hands of a Basel Committee against Global Warming Supervision.

I just know that if what we are to do against the risk of global warming, is captured by a similar group of self-appointed experts, members of a small exclusive mutual admiration club, not accountable to anyone, like those in the Basel Committee for Banking Supervision and in the Financial Stability Board, and who made such a mess of the way how banks allocate bank credit to the real economy… well, then, pardon the pun, the earth is toast!