Zionists caused 2008 financial crisis

A global Zionist hegemony caused the financial crisis of 2008, a former PA governor and senior economist said.

Dr. Fouad Bseiso, the first governor of the Palestinian Monetary Authority in 1994-2001, explained in an Al-Quds TV interview Sunday that Zionists "plundered from the land of Palestine and from the other Islamic countries."

"They do it by inventing economic tools, bonds, and financial derivatives, which absorb most of the Arab savings," Bseiso stated.

"By investing in these financial derivatives, one buys contracts, not commodities."

"One can buy oil contracts," he continued.

"It's all on paper. That way the Zionists control the prices of strategic commodities, like oil, silver, gold, and others."

"They control the rise and fall of prices, and are the number one beneficiaries of fluctuations in the world's financial markets," he explained.

"This was proven by the global financial crisis of 2007-2008."