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February 8, 2013
Monday, August 13, 2012

'If presidents don't make decisions, it's markets, bankers who make them' President CFK

President Cristina Fernández de Kirchner.

President Cristina Fernández de Kirchner assured that “the new global hegemony caused a degeneration or distortion of capitalism,” and warned that, when facing a crisis, “if it’s not the presidents making decisions, it’s the markets or bankers who make them.”

“Politics will end up being more important and if that doesn’t happen, then the crisis will end up being a lot worse, creating the ultimate global infection,” she warned. 

She later assured that capitalism has become “speculation capitalism” and considered that “the current problem is of political leadership and the appearance of new players that respond to old interests.”

The made these statements while attending a seminar given by Nobel prize winner Joseph Stiglitz in the Bicentennary Museum.

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Tags:  cfk  markets  bankers  


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