The Financial Crisis Is Escalating Out of Control [View article]
"The toxic debt is not what people think it is, it is actually real assets owned by real people it isn't some ethereal accounting principle."
It becomes ethereal when one creates $30 to $40 out of a $1 asset. And now this mess is being attempted to be sorted out by making it more ethereal!! God Bless!!!
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"The toxic debt is not what people think it is, it is actually real assets owned by real people it isn't some ethereal accounting principle."
Mar 28 09:13 am
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All Comments by Tradesense »The Financial Crisis Is Escalating Out of Control [View article]
It becomes ethereal when one creates $30 to $40 out of a $1 asset. And now this mess is being attempted to be sorted out by making it more ethereal!! God Bless!!!