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. http://www.allamericanindex.com/headlines/story.php?id=1442778

1 comment:

Anonymous said...

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

It Has to Get a Lot Worse Before It Gets Better- The Sunday Collage

 As a young man researching the murder of Frank Little in Butte, Montana, I knew I was going to have my work cut out for me. It would be a d...