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'..the mismanagement and corruption of bankers and politicians in the 21st century.'
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<blockquote>'Monte Paschi survived the Inquisition, the unification of Italy, fascism and two world wars. But it couldn’t survive the mismanagement and corruption of bankers and politicians in the 21st century.'
- Marco Elser (
Monte Paschi’s Fatal Sin Brings Nationalization for Oldest Bank
, December 23, 2016)</blockquote>
Context
<blockquote>
(Banking Reform - English/Dutch) '..a truly stable financial and monetary system for the twenty-first century..'
'..benefits have been diverted, via money-supply inflation, from workers and savers to the holders of financial assets.'
'Countries suffering from .. “too much finance” .. use their financial resources less efficiently..'
'..It is hard to be sure the massive bank bail-outs of 2008 were such a great idea..'
'..economic growth cannot be conjured into being by top-down interventionism in the form of monetary pumping and deficit spending..'
'..World Debt Hits $152 Trillion.'
</blockquote>
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