Tag Archives: Banking

More funny money!

Just The Numbers, Mam

By: Les Dunaway

The announcement by major world banks that they’ll funnel money to European banks is the latest step in the saga of “Let’s borrow more money so we can keep spending”. Only, this time it’s “Let’s print money we don’t have and loan it to people who won’t pay it back at cheap rates so they can keep spending.” [read] [readRead more...