مقابلة كاشفة للحقائق - إنجليزي

[ماكـرو]

السلام عليكم

هذه مقابلة مهمة جداً كونها تكشف حقائق اساسية حول اسباب الأزمة الإقتصادية الأمريكية
An eye opener
كما أنها تكشف مدى جدية الحكومة الأمريكية السابقة والحالية في تحديد وإصلاح اسباب الأزمة

المقابلة كانت على قناة PBS ضمن برنامج the JOURNAL
وفيها حاور المقدم المشهور Bill Moyers الدكتور William K. Black

حري بمثل هذه المقابلة ان تترجم
اترككم مع المقابلة وهي من ثلاث أجزاء
هذا اولها: http://www.youtube.com/watch?v=_LMV5VTtX1E

روابط ذات صلة:
المقابلة بوضوح أعلى: http://www.youtube.com/watch?v=Rz1b__MdtHY
موقع البرنامج: http://www.pbs.org/moyers/journal/index-flash.html

ملاحظة: لتغطية حجم المشكلة التي يواجهها النظام المالي الأمريكي تم تعليق القانون المحاسبي "سَعٍّر بأسعار السوق" (Mark to Market)
وهذا التعليق والذي أُقر بعد وقوع الأزمة ليس إلا تتمة للأخطاء التي تسببت بهذه الأزمة
علماً بأنه

[cnnfn]

أنا متأكد أن مشكلة الرهن مخطط لها بعناية ويمكن بدايتها عندما حاولت دول شرق أسيا في التسعينيات سحب البساط من أمريكا .
العامل الأمريكي يمكن ما يرضى بأقل من 500 دولار راتب أسبوعي . أما الصيني والاسيوي 20 دولارنعمة بالنسبة له.
أعتقد أهم جزء في مؤامرة الرهن هو سحب مدخرات شعوب الدول عن طريق السندات الامريكية و لا نستبعد مثل ما يفلس أي تاجر بسيط تفلس أمريكا و نشوف من يدفع قيمة السندات .
Rogoff, who teaches at Harvard, wrote earlier this year in the Guardian: "Will the United States ever face a bill for the string of massive trade deficits that it has been running for more than a decade? Including interest payments on past deficits, the tab for 2006 alone was over $800 billion dollars - roughly 6.5% of US gross national product. Even more staggeringly, US borrowing now soaks up more than two-thirds of the combined excess savings of all the surplus countries in the world, including China, Japan, Germany, and the OPEC states. . . .
"In an era in which stock and housing prices are soaring, the central banks of Japan and China are holding almost two trillion dollars worth of low-interest bonds. A very large share of these are US treasury bonds and mortgages. This enormous subsidy to American taxpayers is, in many ways,

the world's largest foreign aid program."....
أكبر حملة أعانة دولية ....

[cnnfn]

Oct. 27 (Bloomberg)

Bosh's premonition, a month before two of Cioffi's funds blew up, struck a death knell for structured finance, the system Wall Street banks devised to fuel more than two decades of unprecedented borrowing. The system allowed financial companies to lend beyond their capacity and outside the reach of regulators -- until it crashed this year.
While the collapse was most visible in the stock markets, the cause was the loss of confidence in the world's biggest bond market, structured finance. So far, it has led to the worst financial crisis since the Great Depression, the disappearance or takeover of more than a dozen banks, including three storied Wall Street firms, and almost $3 trillion in government expenditures and guarantees to contain the contagion.
Biggest U.S. Export
The bundling of consumer loans and home mortgages into packages of securities -- a process known as securitization -- was the biggest U.S. export business of the 21st century. More than $27 trillion of these securities have been sold since 2001, according to the Securities Industry Financial Markets Association, an industry trade group. That's almost twice last year's U.S. gross domestic product of $13.8 trillion.
The growth over the past decade was made possible by overseas banks, which saw the profits U.S. financial institutions were making and coveted the made-in-America technology, much as consumers around the world craved other emblems of American ingenuity from Coca-Cola to Hollywood movies. Wall Street obliged, with disastrous results: two-thirds of a trillion dollars in bank losses, about 40 percent of them outside the U.S.
``Securitization was based on the premise that a fool was born every minute,'' Joseph Stiglitz, a professor of economics at Columbia University in New York, told a congressional committee on Oct. 21. ``Globalization meant that there was a global landscape on which they could search for those fools -- and they found them everywhere.''
Eager Adopters
European banks, in particular, were eager adopters. Securitizations in Europe increased almost sixfold between 2000 and 2007, from 78 billion euros ($98 billion) to 453 billion euros, according to the European Securitization Forum, a trade organization.
Three Icelandic banks borrowed enough to buy $228 billion of assets, most of them securitizations, turning the country's financial system into a hedge fund. All three banks have been nationalized by the government, leading Prime Minister Geir Haarde to advise citizens to switch from finance to fishing.
In Germany, one bank, Landesbank Sachsen Girozentrale, bought $26 billion worth of subprime-backed investments, putting the state of Saxony on the hook for $4.1 billion.
In Japan, Mizuho Financial Group Inc., the nation's third- largest bank, acquired an entire structured-finance team, which proceeded to lose $6 billion issuing mortgage-backed securities.

Securitization is a shadow banking system that funds most of the world's credit cards, car purchases, leveraged buyouts and, for a while, subprime mortgages. The system, which pools loans and slices up the risk of default, made borrowing cheaper for everyone, creating a debt culture that put credit cards in wallets from Seoul to Sao Paolo and enabled people to buy luxury cars ee to compete.''

تعريف العولمة الخطير للدكتور جوزيف هو أنه دائماً يوجد مغفل جديد يشتري الدين الأمريكي و حسب قوله أمام أعضاء لجنة للكونقرس هم بالفعل موجودين في كل دول العالم