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Tuesday 5 December 2023 Dublin: 5°C
Debt Crisis

WATCH: BBC newsreader stunned as trader predicts wipe-out of savings

Independent trader Alessio Rastani says he and his colleagues look forward to downward markets. The BBC is stunned.

Updated, 12.30

A BBC NEWSREADER was left quite literally speechless yesterday when an independent trader confidently predicting a worsening of the economic climate – saying the savings “of millions” would be wiped out.

Alessio Rastani told the BBC News channel that the economic crisis was “like a cancer” and that if it was not dealt with quickly enough, it would become fatal to the global economy.

Any plan for resolving it, however, will fail – because “the governments don’t rule the world… Goldman Sachs rules the world, and Goldman Sachs doesn’t care about this rescue package.”

As the news studio fell deathly silent, Rastani advised viewers to “be prepared and act now”, advising that the worst thing people could do to protect themselves was fail to act.

Watch the climax of Rastani’s interview below.

[Thanks Seán O'Keeffe]

Update: Is Alessio Rastani actually one of The Yes Men? >

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