2011-09-19 — financialsense.com
``... the central banks of the US, Europe, Japan, and Switzerland have pledged an ‘unlimited' amount of US dollar ‘loans' to the troubled big banks of Euroland. It's just too bad that the money the central banks are pledging is the money of the US citizens. ShamWow! The big banks recklessly loan money out, leverage it with derivatives and swaps, inevitably face default, and then turn to central banks for a ShamWow towel to mop up the mess.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.