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: 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
Well the longer the crises lasts, the more obvious it gets. Our banking-system is a sham. It allows banks to generate money out of nothing and even worse it allows defraud on the banking customers. You don't believe me. Well then let me ask you just one question. I fyou are holding sight deposits...
Greece finance minister warns, if the EU let Greece down. Guess what Greece alone has 330 billion of debt. and if they fail the end will come. Well hell one might think "Finally" All EU countries have debts beyond imagination and beyond anything in history (even after wars) and they are "suprised"...
English banks reduce their exposer to EU risks: http://www.telegraph.co.uk/finance/financialcrisis/8584442/UK-banks-abandon-eurozone-over-Greek-default-fears.html 1:100 that Merkel and Sarkozy will name them speculates. Or traitors or such Greeks history is near record breaking for defaulting. Just read...
Really I'm wondering. Is it a requirement for being a Politician to fight markets as much as one possible can (and loose always in the long run?) Can anyone tell me what were the results of the first failout plans for banks? Are they in a better shape? Have they repaid their debt? What was the result...