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2011-11-19 Europe
Kohler: Euro crisis
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Posted by tipper 2011-11-19 09:57|| || Front Page|| [4 views ]  Top

#1 The "bankers and speculators" are in charge of nothing but empty promises. The lock box is empty.
Like Zombies going through the motions. When individuals withdraw their money from the banks the game is over. Exit of the U.S. money-market funds has already started. The card game has the house being owed money the players do not have.
Posted by Dale 2011-11-19 14:29||   2011-11-19 14:29|| Front Page Top

#2 The lock box is empty.
It's not what the sheep taxpayers have but what they they can be shorn of on a seasonal basis that matters.Just a farming operation.
Posted by tipper 2011-11-19 19:03||   2011-11-19 19:03|| Front Page Top

#3 This guy's an idiot who understands nothing.

Pretty much every bank in the world is insolvent and beholden to governments that control the money tap that keeps them trading.

The only reason governments keep funneling money at the banks is to keep credit flowing, because without credit driven largely illusory growth, tax revenues will crater.
Posted by phil_b 2011-11-19 19:45||   2011-11-19 19:45|| Front Page Top

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