ECB Adopts New Collateral Guidelines, Leaves Public in Dark [View article]
but they aren't printing more money, the money supply is actually contracting! it's all 000's on electronic ledgers that dissapears into a black hole of derivative losses, who says that they will ever monetize the debt in the US or the EU? the end game is a new kind of feudalism (the austerity plan) that the Obaminator has been installed in office to sell to the world. (And he really was the best choice in the election, but you're not going to see change)
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but they aren't printing more money, the money supply is actually contracting! it's all 000's on electronic ledgers that dissapears into a black hole of derivative losses, who says that they will ever monetize the debt in the US or the EU? the end game is a new kind of feudalism (the austerity plan) that the Obaminator has been installed in office to sell to the world. (And he really was the best choice in the election, but you're not going to see change)
Nov 22 02:59 am
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All Comments by cdh »ECB Adopts New Collateral Guidelines, Leaves Public in Dark [View article]