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Saturday, June 25, 2011

U.S. Banks Double Down, Insuring Insolvent Countries, Where Will They Get the Dough?

Answer- It's all just a giant Ponzi scheme. There really is no dough.

Here's why European debt and defaults matter. Your U.S. banks will have to pay off on defaulting countries. Greece is first.

1 comment:

Anonymous said...

Unbelievable1 Does anyone in their right mind believe that Greece will ever be able to pay back these loans?