|
|
Precious Metals
|
|
||
Moar...much much moar $$$$trillions$$$$ requiredhttp://wolfstreet.com/2015/05/28/its-getting-ugly-in-spain/ To make insolvent bank whole. All bad debts magically disappear when u have a printing press. Default is anathema as it would implode the the Ponzi beyond the event horizon where it rightfully belongs. And when the debt goes bad, the currency is sure to follow. Thus the dilemma of infinite printing, ZIRP, and austerity shackles for the hapless. Amazing....print trillions out of thin air....lend generously at easy terms....and all of a sudden you owe your labor, life and property. Yep...its nuts. |
return to message board, top of board |