I'm so economist, but if you listen to the media it seems
like everybody in the world owes everybody else. If that
were the case we'd all be even. I'm not being completely
serious, but you get my point.
I'm so economist, but if you listen to the media it seems
like everybody in the world owes everybody else. If that
were the case we'd all be even. I'm not being completely
serious, but you get my point.
...and it's all insured by the same people, so no worries...
“where is all the money? Did they just burn it all?
I’m no economist, but if you listen to the media it seems like everybody in the world owes everybody else.
If that were the case we’d all be even. I’m not being completely serious, but you get my point.”
The money is in each others soveriegn bonds, and leveraged to who knows what ungodly levels, maybe as bad as Icelandic banks were. Our TBTJ banks are stuffed with European bonds of the PIIGS, Portugal, Ireland, Italy, and Spain.
If Europe goes, our banks go.
But it is silly of him to tell the leaders of other countries what to do, when Ozero is bought and paid for by those same banks.