Aug 11, 2011

This is very significant, since big money interests have had the power to bring down entire nations through the weapon of short-selling. I think this weapon of mass financial destruction should have been banned from its beginning. Some Powers That Think They Be are probably going to be quite unhappy with this restriction.

I see it as a very important step in the currency wars going on behind the scenes.

http://www.guardian.co.uk/business/2011/aug/11/short-selling-ban-europe-france

"France, Italy, Spain and Belgium are banning short-selling or the holding of short positions from Friday.

"After a week of turmoil on the European financial markets that has seen stocks come under ferocious pressure – especially French banks – the European Securities and Markets Authority said short-selling would be banned by the four countries."