Tuesday, August 2, 2011

banking system bail out.

http://www.sprott.com/Docs/MarketsataGlance/2011/07_11_The%20Real%20Banking%20Crisis.pdf

And that's beyond a EU member country banks needing a full system blood transfusion.
It is mention here that Spain and Italy's banking system failure is too big to
bail or be allowed to fail.
What i think that implies is everyone will just stand by if the depositors of these banking systems
pull the plug in the tub by moving their money.
That is what this article is explaining has actually been happening.
And of course only the mother of the banking gods might have a clue as to where.

A couple of issues not mentioned is GB which can't stand alone or probably even stand up, if the
Europeans and that being the banking system melts.

The other non mentionable, we'll actually they only had so much room to list the gore. is the loans or significant numbers in Europe have been hedged,
meaning if you give me so much on every euro of your outstanding loans i will give you insurance in exchange.
And that's real simplistic as those hedges are then sold to others who sell to others and on through the stratosphere.

And if you haven't figured it out who are the most brilliant of the hedging scamers which are involved. Right, your very own
American investment banks. Does that make your chest swell with pride?
And of course they are using endowment or group employee retirement funds or someones since they never use their own.
We'll they wouldn't be bankers if they used money which they might not want to loose.
Did you think of the S word when you read that? And did it then help that you are now considering you
may be broker than you even thought?

So what's this all mean? We'll, i think we can safely say those people we worship.... the very rich
have moved on and who might they have unloaded all this worthless shit on?
We'll you can be sure it wasn't there relatives.

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