Modern capitalism appears totally incapable of mobilizing these untapped human and resources. - Michel Evgenij Chossudovsky

In a cruel irony, speculators - rather then elected politicians - are the shots on crisis management. In an absurd logic, those who foster financial turbulence have been invited by the G7 Finance ministers to identify policies which attenuate financial turbulence.

Moreover, the entire international trading system is prone (from the lower echelons to top state officials) to corruption and bribery by foreign contractors.

America had come to the rescue of Korea's "troubled banks". The auction of commercial bank assets was an obvious fraud.