"This is not Credit Crisis!", Ottobre 2008 - Perspicace analisi di Mansoor Durrani sulle radici della crisi e sull'essenza della finanza islamica
Past: When Mr Warren Buffet, the richest man in the world, called some financial instruments like the Derivates and Credit Default Swaps (CDS) ‘financial weapons of mass destruction’ over three years back, few of us took notice. The world economy was on the roll. European realty and financial markets were booming. US was ‘winning the war on terror’. And rest of the world was blindly aping this mirage called ‘American Dream’ ...