of believing into lies? It seems our capacity to accept lies is nearly unbounded. The newest "gags". Greece has lied and has presented figures not even near the truth. Still they get payments of other "partner". Now they told our just with harshest conditoins, this would happen again...
The deledefs currently seem to rotate. Well this time I will not speak of the stupidity of americans to vote between two dead-bets, but the European masters of stupidity. Europe should guarantee the saving deposits of their people. I can reduce it to one question: With what? They do not have anything...
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...
Well we learned the Greek do not want to pay their debt any more. Ah well it fits. Who cares about contracts? Who cares about saving in time? Who cares if the states sprawl epidemic? The socialists of all color are at work. We know that from the diverse books ob von Mises (in this case Bureaucracy )...
Maybe we see the end nearing. The debts worldwide were soaring the last 3 years and still there is not relief. It can not come as a surprise to the austrians, liberals or libertarians. What we have seen was and just is "credit expansion". The central banks manipulate everything and so we do...