is that what you call globalised banking?
One country sneezes and the whole world gets a cold!
Once, in the early modern age, humans who spent their days committing
fraud with little bits of paper would witness their company failing, and
the door of the jail shutting after they've gone inside.
That was the 1929 stock market crash and Decade from Hell, which followed.
[BTW that's why nobody was annoyed about going to war in 1939]
Now, we're so good at avoiding pain,
banks cannot fail, no matter how hard they try.
the governments won't let them fail.
[as God, and Adam Smith, intended]
Okay, so now we'll see countries failing, instead.
They'll declare insolvency, or give the banks a haircut.
or they'll just lose power to the mob, ala Argentina. same difference.
Since Germany is the home of
Europe's Sachs of Sh*t banks, like
Deutschebank/Douche-bank, the government has
decided to collude with the ECB
and is playing 'Cat & Mouse' with
small European countries.
What they really don't want to play is 'DOMINOES'.
witness this display in central Berlin:
[Berliners can pay one Euro and play the "kick the poor people" dominoes game, like their media is doing]
But, the game will come back and kick them on their
fat, racist, German arses!
Anyway, they can set off the chain reaction, and watch how the whole
set comes crashing down. They'd probably get EU education funding.
When just one country decides
"that's it. We're about to be beheaded", then
defaults, and liberates its people,
it would set off a chain reaction that would also knock off Germany.
That's why the ECB and Germany are dragging Greece, Ireland and Portugal
through the sh*tpile. To save themselves and their banks.
So, here we go.
If Greece defaults, get ready for
the Reggie Middleton Domino Effect:*
[UPDATE: REGGIE SAYS STYLISH EURO HAIRCUTS GUARANTEED!]
If Greece kicks it off,
it glances off Germany, hits Belgium and Cyprus
then taps Portugal and France.
then Greece disintegrates from internal debt.
As mentioned, Portugal gets a hit that it doesn't need
and while it falls, it hits Belgium and the falling Germany gets it again.
If Ireland starts getting wobbly and leans over.
it will make the UK wobble severely, and knocks Germany still further down.
If this precipitates Spain's fall, Germany is flat on its back (146 billion euros).
Spain crumbles to pieces from internal debt.
This may also cause the disintegration of Italy and Hungary
from high internal debts.
France and Holland will also be sweating.
BTW, I always knew the Japanese were more advanced than us,
but I had no idea how far ahead they were in banking.
They had their crisis 20 years ago, and they
were the first to swallow the bad debts of their banks.
That's where the Western banks got the idea! And Japan is still standing.
So, Wall St. thought they could skim off a few trillion and nobody would notice.
And you thought Wall Street banks were both uniquely cunning and evil.
Sorry, they copied. They oughta say "Arigato, Japan".
One country sneezes and the whole world gets a cold!
Once, in the early modern age, humans who spent their days committing
fraud with little bits of paper would witness their company failing, and
the door of the jail shutting after they've gone inside.
That was the 1929 stock market crash and Decade from Hell, which followed.
[BTW that's why nobody was annoyed about going to war in 1939]
Now, we're so good at avoiding pain,
banks cannot fail, no matter how hard they try.
the governments won't let them fail.
[as God, and Adam Smith, intended]Okay, so now we'll see countries failing, instead.
They'll declare insolvency, or give the banks a haircut.
or they'll just lose power to the mob, ala Argentina. same difference.
Since Germany is the home of
Europe's Sachs of Sh*t banks, like
Deutschebank/Douche-bank, the government has
decided to collude with the ECB
and is playing 'Cat & Mouse' with
small European countries.
What they really don't want to play is 'DOMINOES'.
witness this display in central Berlin:
[Berliners can pay one Euro and play the "kick the poor people" dominoes game, like their media is doing]But, the game will come back and kick them on their
fat, racist, German arses!
Anyway, they can set off the chain reaction, and watch how the whole
set comes crashing down. They'd probably get EU education funding.
When just one country decides
"that's it. We're about to be beheaded", then
defaults, and liberates its people,
it would set off a chain reaction that would also knock off Germany.
That's why the ECB and Germany are dragging Greece, Ireland and Portugal
through the sh*tpile. To save themselves and their banks.
So, here we go.
If Greece defaults, get ready for
the Reggie Middleton Domino Effect:*
[UPDATE: REGGIE SAYS STYLISH EURO HAIRCUTS GUARANTEED!]
If Greece kicks it off,
it glances off Germany, hits Belgium and Cyprus
then taps Portugal and France.
then Greece disintegrates from internal debt.
As mentioned, Portugal gets a hit that it doesn't need
and while it falls, it hits Belgium and the falling Germany gets it again.
If Ireland starts getting wobbly and leans over.
it will make the UK wobble severely, and knocks Germany still further down.
If this precipitates Spain's fall, Germany is flat on its back (146 billion euros).
Spain crumbles to pieces from internal debt.
This may also cause the disintegration of Italy and Hungary
from high internal debts.
France and Holland will also be sweating.
BTW, I always knew the Japanese were more advanced than us,
but I had no idea how far ahead they were in banking.
They had their crisis 20 years ago, and they
were the first to swallow the bad debts of their banks.
That's where the Western banks got the idea! And Japan is still standing.
So, Wall St. thought they could skim off a few trillion and nobody would notice.
And you thought Wall Street banks were both uniquely cunning and evil.
Sorry, they copied. They oughta say "Arigato, Japan".
* look a few entries below here ("global flows") & find the video where he explains it.
