Clueless.

"I want to be clear here that the blame, to the degree that there was, is largely in the United States, not in Europe, not in Britain."

Because the American branch of the Illuminati run Iceland, Northern Rock, those German manufacturers who were having to finance their customers because banking disappeared, and so forth?

"And it was fundamentally because a low-interest policy created too much money. It was an easy-money policy and eventually an easy-money policy catches up with you."

Most of the bubble money supply came from leverage (massive fraud with a sprinkling of "deregulation"), not interest rates.