Bloomberg reports: ECB Wins Ruling to Deny Access to Secret Greek Swap Files http://www.bloomberg.com/news/2012-11-29/ecb-wins-ruling-to-deny-access-to-secret-greek-swap-files.html We can only remember that about the same happen (thanks to Bloomberg) with the FED. Anyway, for the record…. the GS fingers prints are present in this kind of outcome since they know better… what is good for the people to […]
the fact don’t lie like… most of the mainstream media, DC and the Recovery Marketing Campaign HQ would like us to believe. The WSJ journal is reporting among others that…. FHA is out of funds ! http://online.wsj.com/article/SB10001424127887323551004578121554049144148.html Since we are being induced to always look at the tip of the iceberg…. beware of the iceberg. […]
In normal time… ( I mean when credit expansion is on a long growing trend) the big picture is maybe less important but in ab normal time like we live….. the big picture is certainly what will drive the final outcome. In a world where citizen right are getting more and more supressed like through […]
WE CAN LIVE IN A WORLD WITH A DIFFERENT SET OF RULES ABOUT MONEY. Fractional Reserve Banking as we know it, is the fruit of centuries of evolution. Maybe the crisis is an excellent opportunity to think about a new step in the evolution process. Money is to the economy what blood is to our […]
An eventual solution to the fractional reserve banking system ?