Dr Ahmed Mostafa
Thanks to the young journalist, #Sherif_Rabie, for always hosting me in his newspaper, AlFateh, to express my views as an expert, especially in his recent article on the absence of Europe’s independence and its continued dependence on America.
When reading what is going on in this financial disaster, as I said in previous articles, which will reach all parts of Europe linked to the Federal Reserve. The reasons are the lack of accountability, transparency, reliance on the bubble economy, and overvaluation of digital assets.
Accordingly, I want to mention the similarity of the causes of the imminent financial collapse in the West, which coincides with the grounds of the financial scandal in 2008, which the CIA tried to save by introducing illegal trade liquidity, including the money of drug barons and human trafficking networks, to save the Fed and its banks through (Barclays Bank) in London.
And there is still an open file in the United Nations in this regard. You can investigate this international criminal incident that requires the imprisonment and fines of Bush Jr., Obama, and Ben Bernanke, Chairman of the Federal Reserve, and the chairmen of the boards of directors of the losing subsidiary banks.
But unfortunately, because America is a disrespectful and non-transparent country, it is pressing to close the file or marginalize it, and the problem is that the majority of bank chairmen are linked to influential politicians and the same large families.
Also, startups must search for areas that communities really need, not quick gain, because among these startups are also financing companies (fintech), which must move with great trepidation.
As well as two last points (spending on wars, and manipulating interest rates “LIBOR” in conditions other than economic recovery), as happened in America after waging war on terrorism that it created, to impoverish our Arab and Islamic worlds.
Therefore, we must search with the Chinese and Russians for a way out of this crisis, including the transition to alternative financial and monetary systems in order to avoid the dilemmas of 2008 that the world suffered from, and there is an opportunity for Chinese President Xi during his visit to Moscow next Monday to discuss this issue.
