Update: Some are saying this was a Yes Men hoax.
Madison Ruppert, Contributing Writer
In a surprisingly blunt interview aired on the BBC, an independent trader admits that he “dreams of another recession” since some people can prepare and treat a market crash as an opportunity to “make a lot of money from this.”
What exactly is “this”? Well, according to Alessio Rastani, “this” is the inevitable crash in the markets that is headed our way. Rastani, an independent trader, does not treat the crash of the Euro and the stock market as a possibility. He treats it as an inevitability.
He pulls no punches in this interview and it is clear that the BBC presenter is shocked by what he has to say. When asked what would keep investors happy and mitigate the economic crisis currently unfolding, Rastani reveals, “Personally, it doesn’t matter. See, I’m a trader. Uh, I don’t really care about that kind of stuff.”
He continues, “If I see an opportunity to make money, I go with that. So, for most traders, it’s not about… we don’t really care that much how they’re going to fix the economy, how they’re going to fix the, uh, the whole situation. Our job is to make money from it.”
I’ve never heard a trader come right out on mainstream media and lay it out in such a plain way.
Indeed he is correct, a traders job is to make money. Period. A trader need not worry about what will be done to fix an economic crash because as long as they are making money, they couldn’t care less.
This is something that the mainstream media likes to pretend is not the case, as though investors actually have an interest in keeping the stock market and the global economy afloat. This is simply untrue as Rastani reveals.
Traders and investors are just like corporations, they are only interested in the bottom line. If this means profiting off of an economic downturn while their neighbors are foreclosed on and their entire nation is robbed blind then so be it. As long as the cash keeps coming in, who cares?
Speaking of the current global economic meltdown unfolding around us, Rastani says, “I’ve been dreaming of this one for three years.”
He also reveals the mindset of many a trader in saying, “I go to bed every night, I dream of another recession. I dream of another moment like this.”
He then gives the example of the market crash of the 1930s which was not only a market crash, but an opportunity for some people to make a lot of money.
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After his frank statements the presenter says, “If you could see the people around me, jaws have collectively dropped at what you’ve just said.” I guess she wasn’t expecting him to tell the truth.
She says, “We appreciate your candor, however it doesn’t help the rest of us, the rest of the Eurozone.”
Rastani then likens the economic crisis to a cancer, telling us that if we wait and wait, it will be too late.
He recommends that everyone prepare while also saying that this is not a time for wishful thinking, hoping for government to ride in like a white knight and save the day.
Then he drops the biggest bombshell of the entire interview.
In a statement that likely sent BBC producers into a frenzy, Rastani stated, “The governments don’t rule the world, Goldman Sachs rules the world. Goldman Sachs does not care about this rescue package, neither does the big funds.”
He gives the average person a bit of hope in saying that it isn’t just traders and investors that can make money off of an economic downturn.
Rastani says that average people need to learn how to make money from a downward market. The first thing people need to do is protect their assets, what they already have.
Rastani concludes with this grim projection, “In less than 12 months, my prediction is, the savings of millions of people is going to vanish. And this is just the beginning.”
He continues, “I would say, be prepared and act now. The biggest risk people can take right now is not acting.”
You can find Alessio Rastani on Facebook here.