VAULT DWELLERS SERVED

Saturday, January 31, 2009

"Worldwide Weimar"


Remember, before it was called a "bailout," the classic description for it back when the average person could read and write at a 6th grade level and had a basic understanding of economics ... it was calling "debauching the currency."

4 comments:

CadorBolin said...

"We could have avoided this crisis if our understanding of the dangers linked to too much leveraging and securitization had led to better regulation and control."

I love that word "leverage" -- the media is throwing that around lately. Why don't they come out and say "fiat currency is an absolute failure that leads to disaster?".

CadorBolin said...

What do you think of this:

Time for a new world order: Australia PM

Texas Arcane said...

I think Australia has a closet communist for a PM.

trueaim said...

The guy speaks Madarin and is secular gay! And not only is he a wanna be pinko commie who has never been outside his own closet, Chairman Krudd has got to be the dumbest pollee in all Aust history. He will do just fine for the next couple of years, just fine, goodbye Australia....

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