well yes there are no good news. There are currently just bad and worse news. Now it's the spanish banks, another 100 billion. I wonder from where that money comes. And you know the answer. It comes from new debts and this debts have to be beard by the tax payers. Oh yes they won't honestly higher...
Posted to
F Dominicus Blog
by
Friedrich Dominicus
on
Sun, Jun 10 2012
Filed under:
Filed under: corruption, Bailout, deledefs, saving banks, bribe money, "political solutions", road to hell, depletion, worthless money, banks, betrayal, deceiption, the trouble with debts, when comes the end, "experts", bad idea, big lies, bastard, voodo economy, wishful thinking, addiction, abhorrent, times are changing, beyond markets, bankrupt reloaded
Oh it was another wonderful day of surprises (well if one can still be surprised) A bank is in more than knee deep trouble. And surprise, the CEO of this bank has asked for a Bad Bank at the beginning of the year. Surprise, surprise, the politicians play a major role in that bank. And surprise an insolvent...