The Fifth Sun shows t only how a dozen men could destroy the world's largest banks, but also the entire global ecomy. It exposes the reality that neither governments r central banks can control the value of their currencies r the wealth of their nations. It shows how we are longer dealing with the massive acquisition of gold, but of debt, debt controlled by individuals who can both build and destroy empires by simply moving numbers. These individuals are longer found in New York, London and Hong Kong. They have w emerged from Mexico City to Teheran.This is the basis of FINANCIAL TERRORISM AND THE DEBTORDOLLAR. It is a book based in real events.
Author, Ralph Nieders, grew up in Mexico and southern California. Influenced from an early age by Swedish and German parents, he often heard lively dinner discussions that ranged from royal weddings in Vienna to Nobel galas in St. Petersburg, but they also included the darker side of life, from corruption to murder that spanned from Moscow to Mexico City. Mr. Nieders' Swedish grandfather, Valter Westelius, was a banker sent to Australia so that he could not testify to the financial dealings of Ivar Kreuger. Kreuger's suspicious death in Paris and his role in the collapse of Lee, Higginson and Company contributed to the Glass Steagall Act in 1933 that regulated U.S. banking for over a half century. Meanwhile his German grandfather, Hans Hermann Nieders, was equally involved in finance, both during World War I and in its aftermath. This aftermath witnessed the collapse of the German economy and currency, and Hitler's opportunistic rise to power. Both the Swedish and German sides of the families crossed paths many times through the upheavals of that era. These familial and environmental influences matched with a traditional education from San Diego State University (BS in Finance) and the University of Southern California (MBA) has afforded Mr. Nieders a unique and unorthodox view of the world. Mr. Nieders' books unravel and unlock the complex world of banking. As a syndication's officer at Bancomer in Mexico City, Mr. Nieders prepared the financial reports submitted to the U.S. Federal Reserve and did the analysis predicting Mexico's financial and banking collapse in 1982.