indirectly blaming themselves for the decay in the markets.
They're doing it because they're sociopaths, and don't realise
they're responsible.
There's no money to lend to small businesses-
the banks are too busy gambling.
Governments have no money for education-
the banks borrowed it all
See what the idiots wrote below, where they talk about how bailout money is drying up at central banks. Why? where did it go?
We now know that Germany benefits from weak Euro, and thus
exports more. Add to that, the fact that German workers believed
their bosses' sob stories about the economy not being able
to withstand inflation. That was done to make German prices
more competitive, and for no other reason. So, German workers
have been tricked.
German workers got steady work because the German government
bribed foreign governments to buy their products and charged
it to German banks. Well, now their customers are bankrupt, helped
along by German banks robbing and stealing.
I'm also fairly confident in saying that the business income from these
international contract bribes has been sent off-shore. What does
offshoring profits mean? The German government can say, we've
had 3% growth, when it's actually 7%. Thus, they can convince
their logical workers to accept no wage increases.
IshitUnot: Bloomberg
Worst Yet to Come as Crisis Rescue Cash Ebbs, Deutsche Bank Says
By Katie Linsell - Apr 18, 2012 11:49 AM GMT+0300
The worst may be yet to come in the global financial crisis as the central bank spending that kept defaults low runs out, according to Deutsche Bank AG. (DBK)
Credit-default swap prices imply that four or more European nations may suffer so-called credit events such as having to restructure their debt, strategists led by Jim Reid and Nick Burns said in a note. The Markit iTraxx SovX Western Europe Index of contracts on 15 governments including Spain and Italy jumped 26 percent in the past month as the region’s crisis flared up.
The Deutsche Bank AG headquarters stand in Frankfurt.
